Stock picks for future millionaires only

Square (SQ)

SQ stock has been volatile since its IPO back in November, but the essential story remains unchanged. Credit card companies take too large a bite out payments, and while they have managed to make this bite largely invisible to consumers, it cuts deeply into the profits of many businesses, particularly those that operate on low margins to begin with. Square allows any mobile phone to become a credit card, and future upgrades will be powerful enough that anyone with a mobile phone will be able to make payroll for a small business.

SQ

Chart courtesy of www.stockcharts.com

Symbols: ARTX CRI GPRO NVDA SQ
Julian Close

Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.

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