War Room Members Scored Triple-Digit Gains on This 5G Stock

This morning, War Room members locked in some huge gains on Ericsson (Nasdaq: ERIC), which I had suggested members buy as a play on 5G.

This comes on the heels of our nice double-digit gain on Inseego (Nasdaq: INSG), another 5G play.

Take a look at what I said about Ericsson on July 13…

I will soon tell you how members did after the company reported blowout earnings today. But it’s important that you know the story is not over.

Two Scandinavian companies Ericsson and Nokia may emerge as underdog plays on 5G because of the massive actions by the U.S. and Europe against Huawei, the Chinese giant that many were betting on for 5G infrastructure.

Both Ericsson and Nokia were the hottest companies more than a decade ago, riding the cellphone and communications boom. Then Apple and Samsung came along with smartphones and blew them out of the water.

This could be the second coming for these two companies, and the way to play them is with LEAPS (Long-Term Equity Anticipation Securities) options that expire in 2022. By using LEAPS, you are putting up 10% to 15% of the cash required to own the shares. That’s a lot less risk and a lot more return if the shares continue to pop over the next 17 months.

To give you an idea of the leverage, Ericsson was up 10% today after reporting strong earnings. But look at the multiples of that amount War Room members made by using LEAPS.

See for yourself how well those who got in on the play I suggested did…

“I bought some $10 LEAPS for $1.69, just sold them for $2.40. Will wait for the pullback then replace them.” – Chris W. 7/17/2020 at 9:47 a.m.

“In at $1.40 out at $2.60 for an 85% gain.” – JamesT. 7/17/2020 at 9:42 a.m.

“Bought Jan 2021 9 calls at $1.40, out at $2.31.” – Tom A. 7/17/2020 at 9:39 a.m.

“7/13: In ERIC Jan 2022 $10 C at $1.65, out this am at $2.50. I will look to re-enter later. Thx Karim!” – Chris F. 7/17/2020 at 9:38 a.m.

And one member scored a triple by holding shorter-term options! “ERIC Aug 21 ’20 $10 Call purchased 7/13 wee nest of 10, in at $0.42 out half at $1.11, holding half… 159% profit; thx Karim.” – Rivers 7/17/2020 at 9:38 a.m.

Action Plan: In The War Room, we don’t just tell you what companies to watch or buy… We also tell you HOW to play them for the biggest bang for your buck!

Join me in The War Room now so you can start experiencing gains like those you just read about!

P.S. Take Profits Alert, Part 2! Just like we did yesterday, we’ll continue to lock in gains on some of our winning Trade of the Day picks. If you’re holding any of the following plays, let’s go ahead and ring the register on them – and lock in profits! Here are the exact recommendations:

• Peloton (Nasdaq: PTON): Sell HALF. Hold the remainder.
• PayPal (Nasdaq: PYPL): Sell HALF. Hold the remainder.
• Generac Holdings (NYSE: GNRC): Sell HALF. Hold the remainder.
• Zynga (Nasdaq: ZNGA): Sell HALF. Hold the remainder.

Just to reiterate, you’re locking in profits on a partial position while still remaining positioned for more upside ahead!

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