This Member Just Made 1,000%-Plus Gains
In today’s Trade of the Day, I’m sharing with you one of the biggest winners we’ve had to date. As you’ll see, it’s a mind-blowing winner – a true monster.
I’d like to do something that I’ve never done before…
You see, up until now, I’ve never recommended a stock that trades on a foreign exchange.
But something happened over this past weekend that changed this trend.
This past Saturday, my family did something that we haven’t done in months… We went to the mall.
And I have to tell you, it was jam-packed so much that it almost felt normal again.
Shoppers were out in full force – which led to one huge takeaway for me…
There’s a new trend called “fast fashion” that’ll be a major post-pandemic consumer behavior.
You see, people still want to be fashionable – but since trends change so quickly, gone are the days that shoppers spend money on expensive fashion items. Instead, they’re now searching for low-cost fashion collections that are frequently updated.
The reason I know this is there was one store in the mall that blew me away. It had something that no other store had – a line that was a quarter-mile long just to get into the store.
No exaggeration, it probably took more than 30 minutes of waiting in line to just get in – and the line was in front of a store called Zara.
I admit, I had never been in a Zara store before – so while my wife and kids waited in line, I did some research.
Zara is owned by Industria de Diseño Textil SA (BME: ITX), known as Inditex. It’s currently the world’s largest fashion retailer – but it’s unknown in America because it trades in Spain.
When you type in the symbol ITX in Yahoo Finance, for example, it’ll display as “Industria de Diseño Textil SA (ITX.MC).”
It operates 7,469 stores in 96 markets and online stores in 202 markets – including under names such as Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe.
Founded in 1963 and based in Coruña, Spain, Inditex saw its profits plunge 70% over the past year. But now I think that’s about to change in a big way. The stock currently trades at 27X this year’s expected earnings, which is in line with its peers. But now that the coronavirus has changed shopping habits – and consumers want fashionable clothes at Gap-like prices – I believe that Zara is about to become a leader in the new wave of shopping trends.
Anne Critchlow, an analyst at Société Générale, recently said that Inditex looks set to exit the pandemic with a “lower rent bill” after closing some stores and, going forward, it’s positioned to benefit from rapid online sales – and I agree.
Action Plan: Anytime you’re at a packed mall and one store has a mile-long line, you have to take notice. The same thing happened more than a decade ago when I saw Lululemon (Nasdaq: LULU) for the first time, and you know well that stock has performed over the last 10 years. Based on this, I think it’s wise to add some long exposure to Industria de Diseño Textil SA, the first Spanish stock I’ve ever tracked, to your portfolio.
P.S. Did you hit today’s MONSTER WINNER on Biogen (Nasdaq: BIIB)?! As I’m sure you’ve heard, the Food and Drug Administration (FDA) approved Biogen’s Alzheimer’s drug aducanumab, making it the first new medicine for the disease in nearly two decades. The drug is expected to generate billions of dollars in revenue for Biogen because more than 6 million Americans are living with Alzheimer’s disease. By 2050, that number is projected to rise to nearly 13 million. Since there are no drugs cleared by the FDA that can slow the mental decline from Alzheimer’s, which is the sixth-leading cause of death in the United States, this is HUGE news for Biogen. As a result, shares of Biogen are blasting off and War Room members were positioned to clean house!
Look at that chart! And then look at these profits!
“I opened at $49 and sold for $145.80 for a 197.6% gain. THX BB!!! – Terry D.
“In at $36.40, out at $140… WOW, nice Call!” – Joseph S.
“In the middle of last week @ $4.10, out @ $46.50 1,034% return. Thank you BB, your a beautiful man! I love America! I hate Alzheimers disease!” – Lance R.
“WOW WOW WOW BIIB!!! Bryan hit a grand slam for all of us in the bottom of the ninth down 3 runs in game 7 of the world series!!!!!! +154% profit.” – Kent W.
If you’re ready to start your trading journey with us, then it’s time to join Trade of the Day Plus. This Biogen trade was a perfect illustration of our Win-Both-Ways strategy, which is outlined in my free presentation here.