This Stock Could Be Like Buying Amazon in 1997
By: Jared George
Not to alarm you, but you’re about to miss an important and rare event.
You see, renowned investor Iain Butler (whose market-beating Stock Advisor Canada newsletter is followed by more than 25,000 Canadians) revealed his next great stock idea.
And something very particular about Iain’s pick has some investors buzzing with excitement.
Because it reminds some investors of Motley Fool co-founder David Gardner’s 1997 recommendation of Amazon – the same recommendation that’s up a mind-boggling 32,000% – turning every $5,000 invested in Amazon into nearly $1.6 million today.
First, let’s take a step back. Iain issued a rare “buy” alert only two months after a company held its IPO and went public.
Shares of this company had only been available to the public for a couple months, and Iain believed it was the perfect time to make a move on this stock.
Fast-forward a few months later, and Iain recommended the same IPO company a SECOND time.
Here’s why this is such an important (and rare) move:
In Stock Advisor Canada’s 6-year history, there has been only 2 occasions Iain Butler has recommended shares of a company within 1 year of its IPO.
That’s incredible! Only 2 times has Iain looked at a brand-new stock and IMMEDIATELY believed he found a winner.
Usually, Iain likes to wait and see a company prove itself in the public markets for a few years before recommending investors buy shares, but sometimes, on rare occasions, he believes in a company so much, he pounds the table for investors to act fast and grab shares.
Perhaps no example better highlights this rare conviction like Iain’s March 2016 recommendation of Shopify.
It was a small-cap stock that had just gone public on May 21, 2015, when Iain Butler first published his detailed, +1,500 word “buy” report on Shopify’s stock AND recommended Canadian investors pick up shares immediately.
Iain predicted CEO Tobias Lutke’s vision for Shopify. Iain told investors “Shopify is your ticket to ride.”
Shopify had been public for less than 10 months when Iain issued this bold “buy” recommendation but boy, did it pay to listen…
Fast-forward to today, Shopify’s stock is up a mind-boggling 1,098% – turning every $5,000 invested into more than $59,900 in just 3 years.
While you can’t go back in time and invest in Shopify alongside Iain Butler, I believe I’m offering you the next best thing…
Which brings me back to the newly IPO’d company Iain re-recommended – a company with strikingly similar traits to what made Iain first issue his Shopify call.
First, with a market cap of just $1.5 billion, this stock is very much still a small-cap.
And like Shopify, this company has been growing like gangbusters!
Even more exciting, management still believes they’ve only captured less than 1% of the $1.3 TRILLION market for their product.
That’s the type of growth and market opportunity that gets Iain Butler’s heart pumping.
Remember the old saying, “the early bird gets the worm” – an ageless mantra reminding us early movers often have the best chance of success.
That’s exactly why Iain is recommending investors buy shares.
But please note: as of right now, you could miss out because you may not be eligible to access Iain’s pick.
You see, Iain Butler only releases these recommendations to members of his service, Motley Fool Stock Advisor Canada.
Lucky for you, it’s not too late to join, so I’m going to show you the simple steps to secure access today.
It’s very telling that Iain couldn’t wait any longer to recommend a stock with these unmistakable traits.
And while I would never guarantee Iain’s recommendation will produce Shopify or Amazon-like returns, this stock certainly shares some remarkable similarities.
Even though timing isn’t everything, history shows that it can pay to move early on stocks like this one — especially when you consider Iain’s average pick in Stock Advisor Canada is up 36%! (And yes, that includes all his winners and losers!)
Don’t miss out. Iain’s pick just came out, so there’s still plenty of time to get the full story on this remarkable company.
Think about how many investing trends you’ve missed out on, even though you knew they were going to be big.
Don’t let that happen again. This is your chance to get in early.
I urge you to take action today so you can learn the time-tested tactics savvy investors are using to systematically build their wealth. Simply enter your email address below to learn more.
Returns as of October 10, 2019. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. David Gardner owns shares of Amazon. Tom Gardner owns shares of Shopify. Iain Butler owns shares of Shopify. The Motley Fool owns shares of Amazon and Shopify. The Motley Fool has a disclosure policy. Past performance is not a predictor of future results. Individual investment results may vary. All investing involves risk of loss.