Fast Money Blog- 3/22/24

Wow! What a crazy week on Wall Street! 

The week’s biggest highlight was the announcement that Chipotle Mexican Grill, Inc. (CMG) will conduct its first ever stock split, that is 50-for-1. In case you didn’t know, Chipotle has had over 3 years of top-line revenue growth that has driven it in 5 years, from a price of $659 to where it is today at $2,800 per share. 

This split split will make Chipotle's stock more accessible to retail investors just like you. 

As we move forward, I will walk you through how to benefit from this major stock split.

On another note, I want to point out that there is an enormous opportunity for those who choose to participate in today’s semi-conductor revolution. 

FYI: The CHIPS and Science Act was created by the Biden administration and designed to stimulate economic growth via semi-conductor, AI and chip manufacturing here in the U.S. The Commerce Department has $50 billion to hand out in the form of direct funding, federal loans and loan guarantees.

The majority of the money will go fund new and expanded manufacturing facilities, and put funds into new chip research with the goal of not having the U.S. being held hostage to Eastern competition, like China.  

This act also benefits our national security, by making it harder for foreign adversaries from knowing our military technological secrets. It makes is harder to steal what you don’t manufacture!

Here are the long-term effects of this capital being injected into the U.S. Economy:

Government funds create jobs, which creates tax revenue. This injection of taxes will benefit local municipalities as well as the federal government.  

Understanding the significance of this act, will help you create wealth over the next 5 years. Now is the time to own, invest and trade semi-conductor stocks like:  Applied Materials, Inc. (AMAT) and Nvidia Corporation (NVDA).

Stay open and stay positive. We have a lot to look forward to!

Tyrone Jackson

The Wealthy Investor