Apple and Meta's New Tech Ignites Personal Boom, But Are Investors Missing Key Players?
Apple recently unveiled its new iPhone lineup, and Meta has introduced AI-powered glasses at its Connect event. Josh Balin of Stansbury Research highlights three lesser-known investment opportunities tied to the growing personal tech boom.
One area is semiconductor royalties, which could benefit from the increasing demand for chips in smartphones and other devices. Another is satellite internet services, which may gain traction as traditional networks face congestion issues. Additionally, a major new IPO is set to launch, offering investors another entry point into this emerging sector.
The stocks mentioned by Balin include Apple (AAPL), Meta Platforms (META), SpaceX (SPCX), Qualcomm (QCOM), and STMicroelectronics (STM). These companies are positioned to capitalize on the rapid growth of personal tech, which is expected to continue in the coming years.