To view this email as a web page, click here.September 2025Arizona State University’s West Valley campus is thriving with record-setting fall 2025 enrollment and more than 15% growth since the West Valley Forward initiative launched in 2023. This year brings a new academic building (pictured above) and modern residence halls where students can study and make lasting memories. With thriving research, engineering, forensics and entrepreneurship programs, ASU is deeply committed to supporting the West Valley’s fast-paced growth and empowering the community it serves.Read moreASU joins Goodyear to expand InnovationHubASU is teaming up with Goodyear to boost the city’s InnovationHub through a $75,000 partnership that will run until June 2026. With support from ASU’s Edson Entrepreneurship + Innovation Institute, the hub will offer new workshops, mentorship opportunities and an online community to help local entrepreneurs grow their businesses. ASU will also join in monthly events to connect small business owners with university resources.Read more from the Goodyear IndependentWhat’s up at ASU? Find out – subscribe to ASU News The official digital news platform for Arizona State University, ASU News delivers stories of people making a difference in your community. We bring the top headlines to your inbox three times a week.Subscribe for freeTeam targets faster, gentler diagnosis for kids with Crohn’sNearly 3 million Americans have inflammatory bowel diseases such as Crohn’s, and cases are rising in children. Researchers based at the West Valley campus, in collaboration with Phoenix Children’s, are using advanced gut microbiome analysis to develop faster, less invasive diagnoses and more targeted treatments, offering new hope for young patients. The approach could transform how pediatric IBD is detected and managed.Read moreResearchers explore freshwater loss to help find solutionsASU is tackling freshwater loss through the Arizona Water Innovation Initiative, a major project developing new water-saving technologies and policies in partnership with communities, industries and farmers across the Southwest. ASU leads efforts in water conservation, such as landscaping projects that save millions of gallons and working with farmers to reduce groundwater use, combining research and practical solutions to secure water for the future. Read moreWhy ASU research mattersSMB lab puts AI in small businesses’ handsAt the West Valley campus, the SMB Lab is helping small businesses tap into big ideas — especially in artificial intelligence. W. P. Carey School of Business Professor Hitendra Chaturvedi says AI is changing the game, letting startups scale faster with fewer resources. While big companies race ahead, the lab gives local entrepreneurs the tools, expertise and support to close that gap and grow in an AI-driven world.Read more Student spotlightPeaceful setting draws Essence Calvin to ASU West ValleyThis fall, first-year student Essence Calvin is beginning her journey in forensic psychology at the New College of Interdisciplinary Arts and Sciences. She chose West Valley for its smaller, peaceful setting that felt less overwhelming and more focused — a perfect fit for her introverted personality. The graduate of Bostrom High School in Phoenix is eager to explore the intersection of psychology and law while making meaningful connections and lifelong friends. Alumni spotlightAlejandro Hernandez connects community and opportunity in PeoriaAlejandro “Alex” Hernandez serves as the lead program coordinator in Peoria’s Economic Development Department, where he applies a passion for community growth to his work. A two-time graduate of ASU’s West Valley campus, Hernandez chose the university for its close-knit, interdisciplinary environment that emphasized mentorship and diverse perspectives. As a first-generation college graduate, he earned degrees in history, social justice and human rights, crediting the campus for preparing him to serve in his current leadership role.Read moreSEEN IN THE WEST VALLEY — When students and visitors move onto ASU’s campuses, it’s a great time to get familiar with recycling — especially where to find the bins. ASU provides helpful recycling maps that show the closest bin locations, so everyone knows exactly where to go. Plus, the Waste Directory lets you quickly check which bin an item belongs in, making recycling easy and consistent. Taking the Seeds of Sustainability course is also a good way to learn more about how ASU is working toward zero waste and how you can be part of it. Upcoming events ASU West Valley hosts fun, enriching events that are free to the community and students. Here’s what’s coming up:Oct. 4Double 10 EventOct. 19Screening of “Unstoppable”Oct. 25The Spooktacular Fall Festival and Trick-Or-Treat Event with Maricopa County WICNov. 9Sparky’s ChallengeWest Valley campus events More from ASUDemand for ASU surges as new year beginsWith the fall 2025 semester underway, a historic number of new students started their academic journey across Arizona State University’s campuses, locations and online. In total, ASU projects a record-setting 42,900 new first-year, transfer and graduate students enrolled, an increase of over 1,000 students compared to fall 2024. ASU projects to enroll 78,000 full-immersion students at its campuses and another 80,000 in ASU Online degree programs.ASU’s total, unduplicated annual enrollment for the past year exceeded 194,000 students annually (fall, spring and summer semesters of the 2024–25 year combined), a 7.2% increase from the prior year.Read more Quotable“Our overall enrollment growth sends a very clear message… Year after year, more and more individuals want an education from Arizona State University…The myth that a college degree is losing its value does not square with reality — the demand for ASU is only increasing.”— President Michael Crow This email was sent to: peter.hovis@gmail.com
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VIEW IN BROWSER | FREE REPORTSCharles’ Note: News broke last week that foreign central banks now own more gold than dollars. My only question is what took them so long?Yes, I understand that the currency of a country $37 trillion in debt isn’t one that is likely to hold its value. That’s obvious. But wasn’t it just as obvious when we were “only” $30 trillion in debt a few years ago?Or, going a little further back, when we had a Fed Chair – Ben Bernanke – joking publicly about dumping dollars out of helicopters to spur inflation? It’s not shocking that foreign central bankers own more gold than dollars. It’s shocking they still own any dollars at all. As fellow libertarian traveler James Hickman – cofounder of Schiff Sovereign – points out, they may not be for much longer. So, what are the investment implications of the loss of confidence in the greenback? I’ll let James lay it out for you. Enjoy!Dollar ALERT: Foreign Central Banks Now Own More Gold Than USDBy James Hickman, Co-Founder, Schiff SovereignFor centuries, the Byzantine Empire’s gold coin, known as the solidus, was the backbone of global trade in the medieval world. Nearly pure gold, merchants from Baghdad to London trusted it.But by the 11th century, multiple emperors had chipped away at its gold content… watering it down to pay for wars, bureaucracy, and the costs of an empire in decline.By the time Alexios I took power in 1081, the solidus was barely 40% gold. Merchants never knew which version they were getting or how much real gold it contained.Alexios tried to restore confidence by minting a new coin in 1092. He called it the hyperpyron, which is literally Greek for “super-refined.”At 85% purity, it didn’t have the same purity as the old solidus, but the hyperpyron was credible enough to restore trust… for a little while.History repeated itself over the next century. Later emperors debased the hyperpyron, just as their predecessors had debased the solidus. By the late 1200s, there was no more trust in the currency.When Venice launched the ducat in 1284, with over 99% pure gold content, it also came with a pledge that the Venetian government would never debase it.Combined with Venice’s trade power and rapidly growing wealth, the ducat quickly became the literal gold standard for international trade.So much, in fact, that by the mid-1300s, the once-mighty Byzantine Empire was pawning its imperial jewels in exchange for Venetian ducats.(It would be the loose equivalent of the U.S. government selling off national parks in exchange for Swiss francs…)That was the moment it became obvious to everyone that the Byzantine Empire was no longer the world’s dominant superpower… and that the world’s reserve currency had changed hands.This is a recurring pattern. Most reserve currencies have a long, slow decline, as well as clear moments that stand out.Today, the U.S. government isn’t quite pawning Mount Rushmore for Swiss francs… but we’re witnessing a clear moment that demonstrates a loss of confidence in the U.S. dollar:Foreign governments and central banks now own more gold than they own U.S. Treasury securities.That means that foreign nations trust in gold more than they trust in the U.S. government.We’ve been saying this for years: Foreign central banks are selling their dollars, and using those dollars to buy gold.Why? Recommended LinkAll 4 Major Banks Race to Adopt ‘Trump Dollars’JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup are all rushing to adopt a new, upgraded version of the U.S. dollar that President Trump authorized on July 18th. But acclaimed analyst, Louis Navellier, believes this isn’t just a minor upgrade – it’s a complete transformation to American money. Watch Louis’s new analysis on what this means for your wealth.Because the U.S. government’s massive debts make it a less trustworthy lender. While it’s unlikely that the U.S. would outright default, it is very likely that Uncle Sam will eventually turn to the money printer as the “solution” to its debt challenge.Any foreign central bank that owns a ton of U.S. debt doesn’t want to be paid back with inflated dollars. Better to minimize that exposure now and pare down their dollar holdings.What do they buy instead? Gold.Not because central bankers are “gold bugs.” But because gold has a 5,000 year history of maintaining value. Because it is dense wealth they can hold physically in their vaults. Because there’s a large enough global market to be able to buy or sell metric tons at a time.This growing gold demand from foreign central banks has been the main driver of gold’s massive bull run – from $1,700 per ounce just three years ago to over $3,600 per ounce today.I take no pleasure in pointing this out, but it’s becoming clear that foreign governments and central banks simply no longer have the confidence in the U.S. that they once did.You can see the momentum building.Just recently in China, Vladimir Putin, Xi Jinping, and India’s Narendra Modi stood before the world urging trade in national currencies and laying the groundwork for a new financial system designed to chip away at the dollar’s dominance.It’s not hard to figure out why.According to its own projections, the U.S. Treasury will need to sell over $22 trillion in new debt over the next 10 years. That’s not a worst-case scenario. That’s the baseline forecast.Foreign governments and central banks are traditionally one of the largest buyers of U.S. government debt. Yet they’re clearly starting to back away from Treasury bonds… and the U.S. dollar.This means that the Treasury Department will struggle to find lenders over the next several years… which very likely means relying on the Federal Reserve to “print” the money they need… which of course would be highly inflationary.This isn’t a doomsday prediction. It’s not a partisan argument. It’s just the reality that America is facing.Most likely nothing catastrophic will happen tomorrow. Or this month. Or this year. But America is clearly running out of time.This is not a time for panic. In fact it’s critical to understand that there are rational ways to prepare for the challenges down the road.We’ve been suggesting gold (and silver) for a number of years, both of which have proven to be excellent shelter.At $2,000 gold we said this was just the beginning. At $3,000 gold we said that the story was still in its early days. At $3,600 gold, I’m still telling you that this story has much longer to play out.Nothing goes up or down in a straight line, so there will always be pullbacks and corrections. But the case for gold easily goes to $5,000… and potentially well over $10,000.That’s not based on any idolatry or fanaticism… but rather a cogent, rational understanding of how global central banking works.The bottom line is that the world is losing confidence in the U.S. dollar as the global reserve currency. Right now, there is no alternative. Except for gold. That’s why central banks (over the long run) will keep stockpiling it… and driving the price higher.To your freedom,James Hickman Co-Founder, Schiff Sovereign
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Eric Fry Editor, Smart MoneyWEEKLY ROUNDUPWhat Satellites Can Teach Us About 1,000% StocksVIEW IN BROWSERHello, Reader.It’s a bird… it’s a plane… it’s a Starlink satellite.In 2019, Elon Musk’s SpaceX began launching Starlink satellites. Now, around 7,600 of them dot Earth’s low orbit.Around 2,000 of those were deployed this year, alone.Now, I don’t mention these small satellites to comment on Starlink’s pursuits… but to better describe an orbital term…Apogee.It’s a word you’ve heard me use here at Smart Money over the last week, as it’s the name of my new stock-picking system, which I’ve been telling you about. (Also, I’ll be hosting a free broadcast event on Wednesday, at 10 a.m. Eastern, where I’ll be debuting Apogee to the public for the very first time. Just click here to reserve your spot.)And, I’ll admit, apogee is an odd word.In astronomy, apogee describes the point in an object’s orbit when it is farthest away from the body around which it is orbiting. The image below illustrates this point between a satellite (Starlink, or otherwise) and Earth.Now in finance, apogee describes when a stock is furthest away from its ultimate potential.So, you can think of Earth in the image above as a company. Let’s say, Amazon.com Inc. (AMZN), when the stock had crashed after the early-2000s dot-com bust.The satellite would then represent the company’s highest gain potential. In the early 2000s, there was quite a distance between Amazon and its true potential.For investors, it feels natural, smart even, to turn away from a company at its lowest point. And I understand. Who wants to add a down-and-out company to their portfolio? The risk feels too great, and the reward seems nowhere in sight.But that is why I named my new trading system Apogee. It finds stocks when they are furthest away from their true potential and gives a buy signal as they are moving toward that potential.My system follows a series of patterns to identify if – and when – a company starts moving toward its great potential. This distinction separates my trading system from others… and creates an incredibly high ceiling for optimizing returns.This risk-reward profile is at the center of Apogee’s decision-making. The point of my system is to find stocks with massive potential and relatively little downside risk.And I’d like to share one of Apogee’s first official picks with you today, ticker and all.But first, let’s take a look back at what we covered here at Smart Money last week.Smart Money RoundupSEPTEMBER 3, 2025Why Japan May Be the Market That Supercharges Your PortfolioInternational stocks can end up being some of the biggest winners in your portfolio. And due to valuation and structural reform, a new cycle of Japanese outperformance is underway.This is just the start of a greater Japanese trend… and it should signal your attention to stocks outside of the United States. Tom Yeung breaks down the country’s economic journey and then explains how you can diversify some of your capital into select foreign investments. Click here to read more.SPONSOREDThese 5 Stocks Just Triggered Eric Fry’s 10X PatternEric Fry’s new Apogee stock-picking model has flagged five brand-new opportunities – each confirmed by a new signal he’s uncovered call the “10X Confirmation Date.” During 5.2 million back-tests of this signal, Eric found that it triggered Apple’s 4,285% surge… Nvidia’s 1,871% run… and Cadence’s 1,551% move. Now he’s identified 10X Confirmation Dates for the five new stocks… including an AI robotics company he calls “Nvidia on steroids.” And he’ll reveal all the details, down to the tickers, for free. Just go here to be there for Eric’s world premiere of his new research on Wednesday, Sept. 10th.SEPTEMBER 4, 2025The Hidden Sweet Spot Where 1,000% Winners LiveFor the first time, I have translated my internal locating system into a computerized, quantitative set of rules… a powerful new stock-picking system designed to pinpoint precisely when a stock enters the 10X pattern.Think of it as a fishing radar… or distilling decades of oceanographic science into five simple “10X Factors.” I’d like to give you a sense of what to expect from my system… and share one of its first five “official” recommendations.SPONSOREDUrgent News from an Oceanfront Estate Near Mar-a-LagoFor 40 years, Louis Navellier has had a front-row seat to history’s greatest wealth creation events. His proprietary stock grading system — what some have called “Wall Street’s FICO score” — has helped transform everyday Americans into millionaires. During one remarkable 15-year stretch, his recommendations turned every $1 invested into $41. These aren’t just claims. They’re documented successes that have led major financial institutions to pay a fortune for Louis’ insights. But what he’s seeing now is unlike anything in his four decades on Wall Street.SEPTEMBER 6, 2025Why My System Didn’t Pick Tesla… but Dug Up 1,115% Gains in AmazonMy new system – Apogee – has discovered all the factors behind my 41 1,000%-plus gainers. However, Apogee is not designed to pick up every single company that does well. It’s designed to pick companies at their most optimal point.So, I’d like to share why it selectively identifies certain winners – like Amazon – while bypassing other big names… like Tesla. This discernment is a key feature of Apogee. Click here to continue reading.SPONSOREDEric Fry: “This AI stock could be the next Nvidia… but on steroids”Eric Fry’s Apogee system has uncovered an obscure AI robotics firm with massive potential – one he calls “Nvidia on Steroids.” This stock has just entered a little-known pattern… The same 10X Pattern that appeared before Nvidia’s 1,871% run… Amazon’s 1,115% surge… and Apple’s 4,285% breakout. On Sept. 10th, Eric will reveal full details of this opportunity at a special event: Eric Fry’s 10X Breakthrough.Click here to get the full recommendation, for free, the moment it’s released.SEPTEMBER 7, 20255 Fresh Buy Signals: Your Shot at 1,000% WinnersEvery successful investor has a system. A “north star” that guides their decisions through good times and bad. That’s because luck can make you right once… but only a process can make you right again and again. Apogee is the culmination of my process.Apogee recently flagged five different “Buys” across a universe of 14,000 stocks. These are all trading at incredible discounts and have simultaneously entered a “sweet spot” that looks ready for a 1,000% breakout. Here’s how to find out more about them…An Apogee Official PickIt’s important to note that my Apogee system doesn’t flag every good stock… or even every great one.It waits for a specific combination of factors: a company must have experienced at least a 40% “down a lot” drop from its highs, then a period of stabilization that turns into an “up a little” move, eventually triggering the rare buy signal.And as promised, here is one of the Apogee’s picks…It’s Tidewater Inc. (TDW), a cutting-edge energy play. The company provides ships and equipment to offshore energy firms… both wind and oil and gas.We all know AI is driving energy demand through the roof, and this company is helping to fill the gap right now.I’ll reveal four more of the system’s original recommendations, including their names and ticker symbols, during my 10X Breakthrough event on Wednesday, September 10, at 10 a.m. Eastern.Finally, I’ll demonstrate the system in real time. You’ll watch it sort through a universe of 14,000 stocks… and pinpoint the very, very few with 10X potential.My special event is only two days away – and this is my last chance to talk to you between now and then – so you’ll want to be sure to reserve your spot here.I’ll see you there!Regards,Eric Fry Editor, Smart Money
Manage your account We hope this timely investment research is valuable to you. As you know the markets move fast and conditions change frequently. So please check the current issue for the most recent advice. Please note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that you continue to receive this valuable part of your service please take a moment to add services@exct.investorplace.com to your address book. You can reach us at feedback@investorplace.com or by calling 1-800-219-8592.Too many emails? Click or tap Manage my subscription to unsubscribe from free newsletter emails or Unsubscribe from marketing to stop receiving marketing emails.InvestorPlace Media LLC 1125 N. Charles St, Baltimore, MD 21201Copyright 2025 All rights reserved.
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Today’s Featured Content
Best Buy Marketplace: Potential Growth Catalyst or Risky Gimmick?
Written by Chris Markoch. Published 8/28/2025.
Key Points
Best Buy is expanding its product assortment and online presence with the launch of a third-party marketplace.
The Best Buy Marketplace model could enhance profitability by generating higher-margin, fee-based revenue.
Shares slipped after earnings as softer guidance and consumer spending pressures weighed on sentiment.
Best Buy Co. Inc. (NYSE: BBY) shares fell 4.6% after the retailer reported its second-quarter earnings on August 28. While Best Buy beat consensus on both top and bottom lines and reiterated its full-year guidance, investors are focused on the company’s long-term growth prospects.
Best Buy’s centerpiece for growth is its newly launched Best Buy Marketplace, part of a broader digital strategy to enhance the online shopping experience while leveraging the retailer’s brick-and-mortar footprint. However, the marketplace was only one week old at the end of the quarter, so no sales figures are available yet—and Best Buy cautions it could take several years before the initiative drives a material financial impact.
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Proponents argue the marketplace could help Best Buy expand its product assortment without holding additional inventory and boost profitability through higher-margin, fee-based revenue. The platform also taps into Best Buy’s physical network by offering in-store pickup and Geek Squad support—features pure e-commerce players can’t easily replicate.
Marketplace Upsides and Execution Risks
There are three potential advantages to Best Buy’s marketplace model:
Expanded assortment: Third-party sellers can broaden Best Buy’s catalog without inventory costs. Management reports strong initial seller interest that could accelerate over time.
Improved margins: Fees from third-party sales should generate higher-margin revenue compared to traditional product sales.
Omnichannel integration: Customers can buy online and pick up in store or get Geek Squad services, creating a seamless experience that pure online rivals struggle to match.
Yet, launching a marketplace carries notable execution risks. Retail peers such as Target, Macy’s and Walmart have all encountered hurdles—including slow seller adoption, quality control issues, technical integration challenges and traffic constraints. Slow revenue growth and potential brand dilution are real concerns, especially in the early years of a marketplace.
Analyst Outlook and Investor Takeaways
Despite the risks, analysts remain generally bullish on BBY stock. However, investors should listen closely to management’s commentary in the upcoming quarter for any updates on marketplace traction and seller onboarding. Key considerations include:
Cannibalization risk: Third-party sellers might undercut Best Buy’s own prices, putting pressure on margins rather than improving them.
Strategic focus: Some observers may view the marketplace launch as a distraction from core operations, especially after Best Buy cited “uncertainty of potential tariff impacts” when maintaining its guidance.
Did a “Beat and Stick” Earnings Report Trigger the Selloff?
Best Buy delivered a classic “beat and stick” report—beating estimates but leaving guidance unchanged. Revenue was $9.44 billion, surpassing consensus of $9.28 billion, helped by strong sales of the new Nintendo Switch 2. However, revenue rose just 1.6% year-over-year, suggesting that growth might have been flat without the Switch 2 launch. EPS came in at $1.28, topping the $1.22 forecast but down from $1.34 last year.
Given the market’s preference for upward guidance revisions, Best Buy’s decision to maintain its full-year outlook likely contributed to the post-earnings drop in BBY shares. Investors will now look to next quarter’s marketplace metrics—and any incremental commentary on tariffs and consumer demand—to gauge the trajectory of Best Buy’s growth story.
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Top Small-Cap Alert Service, Financial Driven Research “FDR” Getting Ready To Release The Names & Symbols of Several Low-Priced Stocks That Analyst Predict Triple Digit Upside PotentialHi “FDR” Member,This is Michael Reece with FinancialDrivenResearch “FDR”…I’m getting ready to release the names and symbols of several low-priced NASDAQ stocks that, according to multiple Wall Street analysts, have staggering price targets representing Gains of 150%, 200%, and 300%+ upside potential!Right now you’re staring down the barrel of getting in front of Wall Street’s hidden Breakout stocks before the crowds jump in!Example #1. As of August 2025, three analysts put a price target of $12/shr on this hidden $3/shr cancer stock, representing a significant upside potential of 250%+.The U.S. Food and Drug Administration (FDA) accepted the Company’s New Drug Application for formal review“The point is, one small, hidden microcap stock could be on the verge of transforming how the world thinks about, and treats, cancer forever.”>>> Get FDR’s Breakout Alerts <<<Let me be clear… The “Target” prices representing 150%, 200%, and 300%+ upside potential are NOT my opinions. They are coming directly from top Wall Street analysts who specialize in discovering low-priced hidden gems.Example #2. FDR’s “Weekly Breakout Stocks”…Interested in (In-and-Out) Gains like these:80% GAIN on LIXT Alert Price $5.26141% GAIN on PRFX Alert Price $9.27113% GAIN on DLFI Alert Price $1.52112% GAIN on MOB – Alert Price $1.57It’s simply a “get in, get out” kind of strategy based on quantitative back study research.>>> Get FDR’s Breakout Alerts <<<FDR specializes in discovering promising small-cap stocks that have the potential to experience short term Gains of 150%, 200%, and 300%+ upside.You have the opportunity to become a subscriber of Financial Driven Research for absolutely F.R.E.E, “no strings attached.”Go ahead and click on any of the secured links, then sit back and watch how my brand-new hot alerts perform.You have nothing to lose and everything to gain.>>> Get FDR’s Breakout Alerts <<< To Your Trading Success,Michael Reece Editor, Financial Driven Research
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