Login to your account

Lost your password?

Low tech companies with explosive growth

You’ll always find many of the most rapidly rising stocks on the market represent exciting, rapidly growing high-tech companies. When a company creates a significant technology breakthrough, particularly when it is a disruptive technology, its value can rise arbitrarily quickly and to heights unlimited. Such rises are based on the assumption that the company will win out against competitors (and competitive technologies) to become one of those seemingly eternal technology giants that are laying the groundwork for the utopia (or dystopia) to come.

Ah, but what about the others? What makes a company grow at an explosive while using technology available to everyone, or barely using technology at all that didn’t already exist decades ago? Whether it be visionary management, creativity, organization, of financial acumen, the company’s strength, if not based on technology, has the profound advantage of not being vulnerable to technology. The companies on today’s list are doing well, and they stand to do even better over the rest of 2018. What’s more, they won’t lose their value if Facebook (FB), Alphabet (GOOGL), some upstart company in China, or a recently formed consortium of independent runaway AIs announces that it has made a breakthrough that will make microprocessors, the Internet, or human beings obsolete forever.

Remember to treat these ideas as just that, ideas, and do your own research before making any investment decision.

Symbols: , , , ,

Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.