Have you seen Eric Fry’s latest presentation titled, “My Favorite 1,000% Stock You Must Buy Now” which promotes his service, Fry’s Investment Report?
I received an email from him promoting this pitch for a stock he believes can give you incredible 1,000% returns.
I went through the whole presentation and will use this review to provide you a summary of what it entails.
I also give my verdict as to the validity of Eric’s claims.
Keep reading below to get all the info.
Before I start…
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“My Favorite 1,000% Stock You Must Buy Now” Review
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Introduction to “My Favorite 1,000% Stock You Must Buy Now”
In this presentation, Eric Fry talks about a single stock that you ought to buy now to reap 1,000% returns when it peaks (if it does, of course). He also pitches his premium investment advisory service, Fry’s Investment Report.
He starts the presentation by discussing his record of successfully spotting 40 investment opportunities that reaped a return of 1,000% or more during his career.
Then he alludes to a huge event that is happening with the economy that is sowing the seeds of a big investment opportunity. The huge event, as he reveals, is that the world is shifting from a paper-based world to a digital, interconnected one.
The companies that are driving this shift are growing exponentially. He refers to this phenomenon as “The Law of Accelerating Returns” (A phrase he says he is borrowed from tech expert, Ray Kurzweil).
The companies that they are replacing are also collapsing fast and the wealth gap is growing.
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Who is Eric Fry?
Eric Fry is an experienced trader and investment analyst who publishes his work through InvestorPlace.
He writes a free e-letter, Eric Fry’s Smart Money, and publishes two premium services, Fry’s Investment Report, and The Speculator. A common theme in his work is his tendency to favor big-picture megatrends and global investments.
That is no coincidence as Eric has been dealing with international equities for nearly twenty years. He spent a decade as a professional money manager who majored in short-selling and international stocks.
He once worked with James Grant, who is best known for his publication, Grant’s Interest Rate Observer. Eric was involved in the production of Grant’s International and Apogee Research.
He won the 2016 edition of a portfolio management contest called “Portfolios with Purpose,” which pitted him against 650 of the best managers. He registered a return of 150% in 12 months.
Due to his impressive money management record, he has featured in publications like The Wall Street Journal, Barron’s, Time, USA Today, and a few other major ones.
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How does “My Favorite 1,000% Stock You Must Buy Now” Work?
Eric says that the rapid progress made in the world of tech and the rapid rate of adoption of those technologies has created a scenario where you can make money very fast with the right investments.
The companies that stand to create the biggest shockwaves are those that we are not aware of, the disruptors. Thanks to technological advancements and the fact that they need a smaller workforce, they can grow very fast while creating massive wealth.
Eric believes that there are a few companies that are perfectly positioned to burst into the scene soon. He has identified one that he thinks you should know about.
Unlike other analysts who would only reveal the name of the stock if you buy a subscription of their newsletter, Eric has decided to share the name and stock symbol of his mystery company for free.
The company is called Prosus (PROSY) and it started trading publicly recently.
It scours the markets for tech companies that are projected to do well globally and invests in them. It has a decent portfolio that includes:
- A promising company that runs an online payment platform
- A food delivery company that has the potential to grow fast in the next few years
- A social media company that is quite prominent in China
It has 77 such companies (disruptors) in its portfolio.
Now, he wants you to open a position with Prosus and hold it for a long time because such an investment is probably going to earn you 10X returns in a couple of years.
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In addition to that recommendation, he wants you to subscribe to his newsletter, Fry’s Investment Report. When you subscribe to the service, you will receive instructions on how to transform your investment strategy in three steps:
- The portfolio Purge. This is getting rid of companies that are weighing down your returns.
- The 1,000% Portfolio. You will have access to a model portfolio with fast-growing stocks you should acquire.
- Acquire a larger-than-usual stake in the companies behind a radical new technology. Read all about it in his report titled The Next 1,000% Winner.
There are other benefits of joining Fry’s Investment Report, including monthly investment recommendations and all the other special reports he has written.
Subscription Fee
The subscription fee for a one-year membership is $49.
Performance Guarantee
There is a 30-day money-back guarantee.
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Is “My Favorite 1,000% Stock You Must Buy Now” Legit?
The presentation is legit because Eric is no amateur when it comes to trading.
He has an enviable track record in the stock market, both on the long and the short sides of the divide. For examples of his success with a long-term strategy, you only have to look at his activities in the past two decades:
He bought Asian stocks in the late 90s during the currency crisis, he then bought commodities in the early 2000s before their historic rally, and he bought stocks that had interests in Electric vehicles in 2015 earning him decent returns due to the EV boom that ensued.
His short-term strategy has been decent as well: He shorted tech stocks in 2000 right before they plummeted and predicted the real estate collapse in 2005 and 2006, a prediction that came true soon after.
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“My Favorite 1,000% Stock You Must Buy Now” Verdict
If you are like most people, you must be apprehensive about pinning your hopes on one stock and hoping that it will jetpack you to riches. Those doubts are not unfounded because the chances of that happening are astronomical (otherwise, everybody would do it).
Besides, it is common knowledge that you have to diversify to hedge yourself against unforeseen risks.
Now, that’s the prudent way to go about it…
On the other hand, there are outliers who, like Eric Fry, don’t mind taking a punt at one stock with the hope that it will hand them a windfall somewhere down the line.
With this presentation, I think Eric is appealing to the second group; the people who are willing to bet on one stock hoping that it will be their golden goose. Whether it will work out is a whole other matter.
Either way, if you are NOT risk-averse, I think it is worth giving the recommendation a try.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
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(This is a 100% free training)
David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.