Matt’s Top Stock for February 2021
February 1, 2021
7investing Lead Advisor Matthew Cochrane’s Top Stock for February is one of the few companies providing the plumbing for today’s financial system. It has laid down the pipes necessary to move money electronically almost anywhere in the world. And while there are plenty of merchants that might complain about the price, to stop using this company’s plumbing is almost just as unthinkable as it is for us to stop using water.
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The world economy remains in limbo. As we wait for vaccines to be distributed, consumer spending remains depressed. But while no one is exactly sure when life will return to normal, it will happen one day. And if we can just look through the dark clouds to the horizon, we can begin to smartly prepare our portfolios for tomorrow’s reality.
You know something we don’t think about much? Plumbing. We don’t think about it because, for the most part, it’s behind the scenes. The pipes that bring water to neighborhoods and restaurants and businesses are mostly laid underground or behind walls. We never think about these pipes until they’re not working or they break. And when that happens, we practically declaring national emergency and there’s almost nothing we won’t do to fix them as fast as we can.
Everything we do with water depends on these pipes working. When we get our water bill every month, we might complain about the price. But we’re never going to stop using running water being piped into our homes. It’s too essential for our way of life.
My company this month is like a plumbing system for money. It has laid down the pipes necessary to move money electronically almost anywhere in the world. And while there are global business players that might complain about the price, to stop using this company’s plumbing is almost as just as thinkable as it is for us to stop using running water. Because of the nature of my stock recommendation this month, I believe it will continue to reward shareholders for a long time to come.
If you’re interested in my stock selection, click the link at the end of this video or visit 7investing.com for just $49 per month or $399 per year. You will gain access to all seven of our stock recommendations each and every month.
I’m Matthew Cochrane. We’re 7investing, and we’re here to empower you to invest in your future.