“America’s Economist” Dr. Mark Skousen is giving us a chance to get very rich, very soon.
The opportunity lies in one overlooked company that Mark is calling “America's #1 Stock” and it's creating 100x growth.
The Teaser
We are about to live through one of the wildest transformations in U.S. history.
Mark Skousen has been at the investment newsletter jig since 1980. That's numerous bull and bear markets, and countless teasers.
We have reviewed some of these here, including his “New Oil” Energy Company and “Dark Lithium” Micro-Cap Company.
Mark is of the mind that “digital gold mines” could usher in a rally bigger than the dot-com boom.
He isn't talking about open pit mines in the Metaverse, he's coyly referencing data centers, that are like gasoline for the digital world.
If we stop and think about it for a moment, Mark has a point.
Without data centers, Google doesn’t return searches, there's no FaceTime, and we stop receiving texts and emails, which doesn't sound so bad, at least for a day or two.
As you can imagine, every time a data-guzzling new technology like cloud computing, video streaming on demand, and social media pops up, it demands massive new infrastructure to support it, and data centers are the tried and trusted answer.
It's now happening again with Artificial Intelligence (AI), but this time it’s going to be even bigger.
This is because AI is the ultimate data-guzzling technology.
Most major AI companies don't report energy-usage figures. However, what we do know is striking.
AI may consume half of all existing data center data by the end of the year and it's energy consumption could even surpass that of Bitcoin mining, a notorious energy hog.
Moreover, AI workloads are growing by about 30% annually.
But some reports say data capacity is only growing by 15% per year.
For us, as investors, the opportunity is in the new data center facilities being built to meet this demand and “America's #1 Stock” owns hundreds of them.
The Pitch
Mark Skousen reveals it in a brand-new guide called America’s #1 Stock – The Company Bankrolling the 100x Digital Gold Mine Revolution.
The guide is included in a trial of Dr. Skousen’s flagship research service, Forecasts & Strategies.
Typically, one year of the service retails for $249, but Mark is ‘giving it away' for $77 upfront for the first year.
The Great American Data Center Boom
Imagine getting in a car in New York and driving an hour and a half to Philadelphia.
The distance is more than 90 miles and it's how big they're building some new data centers.
As I write this, there are more than 1,822 such facilities, both big and small, scattered across the United States.
According to data compiled by Aterio, 1,544 more data centers have been announced, with just over 400 already under construction.
All the big boys are pouring billions into them:
And these figures are from this year alone!
So the data center building boom part checks out. It's the ultimate impact that remains up in the air.
Mark is solidly bullish on this.
He believes data centers will spark a $2 billion economic boost for all businesses and create nearly 100 million new jobs over the next 12-24 months.
Maybe the 100 million is a typo and what Mark really meant to say is 100,000? Which would be more in line with the reality on the ground.
Even rosy forecasts call for somewhere between 500,000-650,000 new data center-related jobs in the U.S. by next year.
In any instance, Mark is even higher on the potential investment returns.
The belief is that they will be on par with or even exceed Cisco's 4,113% gain during the dot-com boom and Amazon's 9,804% cloud computing revolution return.
Bottom line: “America’s #1 Stock” is supposed to be the best way to position ourselves for an AI infrastructure windfall.
Revealing Mark Skousen's America's #1 Stock Pick
Based on what we know thus far, Mark's pick is a data center REIT.
But which one?
- Mark first recommended it in 2012 and it has returned over 1,000% since then.
- It owns many of the data centers making the AI infrastructure buildout possible, including one that helps the Department of Homeland Security optimize its on-premises data center infrastructure.
America's #1 Stock is…Equinix Inc. (Nasdaq: EQIX).
- Since the beginning of 2012, EQIX has a total return of approximately 624%, so not an exact match, but no other REIT comes closer.
- DHS uses Equinix's colocation facilities as part of its infrastructure modernization efforts.
Make 100x Your Money?
The founder of Dell Computers famously said:
We're going to need 100x more data centers
There's no doubt that more and better infrastructure is needed to scale emerging technologies like AI and quantum computing.
However, some are starting to question the projected profits.
IBM's CEO, Arvind Krishna, recently warned that “there's no way to turn a profit” on all the new data centers being built at today's costs.
Who's right?
Some peg the cost at $35 billion for each gigawatt of data center capacity, with $7 trillion in total capex needed by 2030.
Profits will need to exceed hundreds of billions to justify the costs.
I'm of the mind that we get there, but over a longer time frame than many currently anticipate.
It's the same story with other major infrastructure projects throughout history, like the electric grid build out in the late 1800s, which took several decades to become profitable.
Similarly, commercial internet infrastructure built in the 90s didn't pay for itself until the mid-2000s.
I believe a similar story will play out with AI infrastructure today.
At the moment, there's a lot of assumptions being made on both sides, but ultimately time will be AI's friend.
When it comes to Equinix stock, 5x book value is a bit rich, even for a market leader with steady, albeit low, 5% annual growth.
However, Mark's thinking is on the money, we just have to remain disciplined, pick up land, real estate owners, and critical infrastructure suppliers at sensible prices, while keeping a long-term outlook.
Quick Recap & Conclusion
- “America’s Economist” Dr. Mark Skousen is teasing 100x growth with “America's #1 Stock.”
- The stock owns “digital gold mines” (data centers), that are ushering in the biggest rally since the dot-com boom.
- Mark only reveals his top pick in a brand-new guide called America’s #1 Stock – The Company Bankrolling the 100x Digital Gold Mine Revolution. The guide is included in a trial of Dr. Skousen’s flagship research service, Forecasts & Strategies, which is going for a deeply discounted $77 upfront for the first year ($249 regularly).
- Mark's clues were contradictory at times, but his pick for “America's #1 Stock” is likely Equinix Inc. (Nasdaq: EQIX).
- The data center boom is real, it will just take longer to deliver outsized profits, like every infrastructure build out before it. EQIX looks expensive now, but it could be a different story in a decade.
How long will it take the data center boom to deliver real profits? Drop your best guesses in the comments.