Financial Technology & Energy-generating Companies
Paul Mampilly gave his stock picks for 2018 recently and also recommends holding on to them for a while longer an not lose all your gains right away. Paul Mampilly predicts that there will be more good investing to come this year. Two markets he felt strong about are financial technology and energy-generating companies.
Big trending companies in energy, financial and medical sector are set to return large returns. Paul Mampilly that these larger stocks could be the answer to the long-term growth investors are wanting. Also promising are financial tools using blockchain tech, AI, and artificial intelligence structure. Watch Paul on youtube.
The introduction of IoT beginning around 2002 introduced a while new world of technology that connects things which are connected thru the internet. The IoT business is set to go from $655.8B in 2017 to $1.7T in 2020. Paul Mampilly says IoT will more than double in business in less than two years. Everything from being able to log on to your computer from another location to wirelessly being able to set the lights in your house. Doctors are able to check a patients pulse and heart rate from the Apple Phone.
Some of the companies that are making big strides in IoT technology are Google, Siera Wireless, and Skillworks Solutions, according to Paul Mampilly. IoT companies need to be looked at squarely and when they show promise huge profit could be available to the savvy investor.
Paul “Guru” Mampilly
After graduating from Fordham University in 1991 Guru Mampilly established himself as a portfolio manager first for Bankers Trust. After weaving in and out over several years at legal first he ended up as a hedge fund manager at Kinetics Asset Management. Guru Mampilly is the recipient of the prestigious Templeton Foundation Award.
Presently the Senior Editor at Banyan Hill Publishing, since 2016, where he is the editor of three newsletters that give investment advice to investors who are making their own investment advice. He has more than 90K subscribers to his financial newsletters: Profits Unlimited, True Momentum, and Extreme Fortunes.
Volunteer & Causes Work
Paul “Guru” Mampilly has worked at various causes around New York City: Coalition for the Homeless, Big Brother Big Sisters, Volunteer Teacher.
In 2008-2009 Paul “Guru” Mampilly opened a private account in a competition for the prestigious Templeton Foundation. He was the winner of the competiiton with a 76% return on his investments.