Roughly eight months ago, I held a special presentation…
My colleague Pete Carmasino had identified a unique way of using our Power Gauge system. And it was perfectly suited to the market conditions at the time…
In short, Pete calls this type of buy signal a “tactical turning point.” And it was so perfect back then that we launched a monthly newsletter focused on the strategy.
Since then, Pete has helped investors find many incredible opportunities using his approach. And as the market keeps moving higher, I’m confident that he’ll identify a bunch of winners.
But I just can’t let go of something else from our special presentation…
It was a gift to all the attendees.
You see, for everyone who tuned in, I shared a free recommendation at the end of the presentation. They learned the name and ticker symbol at no cost. And here’s the kicker…
This free-gift stock has soared 76% since then.
Let’s take a closer look today at how I used the Power Gauge to come up with that stock…
Now, I try not to toot my own horn too much. But admittedly, I’m pretty thrilled about how this situation has played out…
Tens of thousands of viewers tuned in last November to learn about Pete and his strategy. And I wanted to make sure they didn’t leave empty-handed. So I decided to share a recommendation, whether they signed up for our new publication or not.
The recommendation was Allegro MicroSystems (ALGM).
The Power Gauge had recently turned “bullish” on the company. And based on everything I was seeing in our system, I believed it was due for an incredible run higher.
Not surprisingly, the stock soared in the ensuing weeks and months. Take a look…
By looking at the Power Gauge, I knew its 20 individual factors had aligned to produce that “bullish” rating. And I also knew the market itself was on the verge of a “bullish” turn…
Roughly two months later, I told Chaikin PowerFeed readers that stocks had just issued a “critical ‘buy soon'” signal. And I believed we were due for relief from the terrible tech wreck of 2022.
That meant Allegro MicroSystems was in the right place at the right time. And the Power Gauge had spotted the turn.
Ultimately, the stock soared as much as 87% from the day after the presentation to its peak closing price last week. And as of its closing price last Friday, anyone who listened to my presentation could’ve realized a 76% gain.
But that doesn’t mean the opportunity can last forever.
In fact, as Pete told his paid subscribers last Thursday, I now believe this opportunity has run its course. He shared all the details in his regular monthly video update.
But I knew that our valued Chaikin PowerFeed readers could’ve also bought Allegro MicroSystems after our presentation last November. So, if you’re one of those folks…
It’s now time to move on to the next opportunity.
Will the next opportunity be another 76% winner like Allegro MicroSystems?
It’s not guaranteed. After all, we’re quants at Chaikin Analytics – not crystal-ball readers.
But remember, the Power Gauge looks at 20 individual factors for every stock it analyzes. And with that type of system, we’re stacking the odds in our favor as much as we can.
Good investing,
Marc Chaikin
P.S. Last week, I held another special presentation. And thousands of folks tuned in.
In short, artificial intelligence is making great waves in our world and the markets today. So I sat down with an investing legend and friend to talk through how investors should approach this sea change.
And similar to the presentation I talked about above, we shared precise predictions on where we believe three of America’s most popular stocks will be in the next 30 days. Watch the FREE presentation right here.
