Renowned investor David Gardner (whose Stock Advisor newsletter was reported in The Wall Street Journal as one of the best performing in the world) revealed his next great stock ideas.
And something very particular about one of David's picks has some investors buzzing with excitement.
David issued a rare "buy" alert on a stock that, at the time, had just recently held its IPO and went public.
Here's why this is such an important (and rare) move:
In Stock Advisor 's 14 year history, there have been only 4 occasions David Gardner has recommended shares of company that held its IPO within 5 months of his "buy" alert.
That's incredible! Only 4 times has David looked at a brand new stock and IMMEDIATELY believed he found a winner.
Usually, David likes to wait and see a company prove itself in the public markets for a few years before recommending investors buy shares, but sometimes, on rare occasions, he believes in a company so much, he pounds the table for investors to act fast and grab shares.
Perhaps no example better highlights this rare conviction like David's September 1997 recommendation of Amazon.com. Amazon was a small-cap stock that had just gone public on May 15, 1997 when David Gardner first published his detailed, 4,250 word "buy" report on Amazon's (NASDAQ:AMZN) stock AND added shares to his portfolio.
David predicted Jeff Bezos's vision for Amazon. David told investors "Amazon is about more than just books."
Amazon had been public for just 4 months when David issued this bold "buy" recommendation but boy, did it pay to listen.
A mere two weeks after David recommended buying shares of Amazon, the stock had already surged more than 41%.
Many investors would be elated with a 41% pop and sell out. Not David.
David refused to sell -- fast-forward to today, Amazon's stock is up a mind-boggling 20,000% -- turning every $5,000 invested in Amazon into nearly $1 million today.
While you can't go back in time and invest in Amazon alongside David Gardner, I believe I'm offering you the next best thing...
Which brings me back to the newly IPO'd company David recommended – a company with strikingly similar traits to what made David first issue his Amazon call.
First, with a market cap of around $4 billion, this stock is essentially still a small-cap.
And like Amazon, this company has been growing like gangbusters!
The company has grown the size of its user base by 63% annually for the past 4 years – giving it more than double the market share of its next closest competitor.
Even more exciting, management still believes they've only captured 11% of the potential market for their product.
That's the type of growth and market opportunity that gets David Gardner's heart pumping.
Remember the old saying, "the early bird gets the worm" – an ageless mantra reminding us early movers often have the best chance of success.
That's exactly why David recommended investors buy shares.
But please note: as of right now, you could miss out because you may not be eligible to access David's pick.
You see, David Gardner only releases these recommendations to members of his service, Motley Fool Stock Advisor.
Lucky for you, it's not too late to join, so I'm going to show you the simple steps to secure access today.
It's very telling that David couldn't wait any longer to recommended a newly IPO'd stock with these unmistakable traits.
And while I would never guarantee David's newest recommendation will produce Amazon-like returns, this stock is already up over 55% since David first recommended it- and up more than 10% with his most recent re-recommendation.
Even though timing isn't everything, history shows that it can pay to move early on stocks like this one -- especially when you consider David's average pick in Stock Advisor is up 174%! (And yes, that includes all his winners and losers!)
Don't miss out. There's still plenty of time to get the full story on this remarkable company. Just click here to read more.
The Motley Fool owns shares of and recommends Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.