After huge gains on Wall Street in 2017, some are wondering if it is time to cash out. According to Paul Mampilly, an analyst with BanyanHill.com, this would be a mistake. Mampilly believes that there are still plenty of opportunities in the stock market, although certain stocks may end up collapsing due to their over-performance in 2017. What Mampilly suggests is taking a more diversified approach, including exchange-traded fnds (ETFs), which he views as a good hedge for stock investments.
According to Paul Mampilly, ETFs can be a great way to re-balance your portfolio. One of his ETFs picks in the industrial sector yielded a 13% return versus an 8% on the S&P 500 for the same period of time. Mampilly believes that President’s Trump commitment to infrastructure projects bodes well for ETFs that focus on this part of the economy.
Forecasters have been mentioning the Internet of Things (IOT) as “the next big thing” for years now. Paul Mampilly sees this emerging industry as full of potential, not only for its market leaders, such as Google and Sierra Wireless, but also because of some smaller firms with significant potential. He is also very bullish on financial technology stocks, especially companies that specialize in mobile payments and firms that use artificial intelligence to analyze investment opportunities.
Paul Mampilly was a hedge fund manager before starting his own investing newsletter, Profits Unlimited, which now has 60,000 subscribers. Mampilly enjoys sharing his experience, which has led him to become a guest analyst and commentator for Fox News, Bloomberg, and CNBC. He is also a philanthropist, supporting a number of charitable causes. In addition, he has worked with young people as a financial educator in the hopes that he will be able to help the next generation create greater financial wealth. Can Blockchain Put an End to Identity Theft? Paul Mampilly Thinks So.
His Facebook page : https://www.facebook.com/PaulMampillyGuru/