This stock could make 420% gains as America’s presidential battle rages:
2016 is already forecast to be the most expensive election of our lives as America drowns in political advertising. But this profit play won’t just resist the election-year chaos – it actually feeds off it. I’m projecting 420% gains for this small-cap stock once the shouting’s over – and this report shows you exactly why, writes Jack Delaney of Money Morning.
Before the inevitable Uber IPO date, the transportation disruptor is willing to pay up to $100 million to keep its business model intact. You see, drivers joined together to form a class-action lawsuit against Uber. And in order to keep drivers as independent contractors, Uber gave in to a list of demands in a settlement. Because of this huge settlement, some investors are scared of what this means for the Uber stock price when it comes to market. Read more:
• Does the 100 million dollar settlement scare investors?