I don't know about you, but I would love to own a piece of the Fast & Furious movie franchise.
I recently saw a preview for the ninth installment set to debut in the spring of 2020. I'm a big fan of the action-adventure genre in general, and this series of movies in particular.
It features a group of misfits who transform from street racing hot rods to become an international espionage team.
Don't scoff, there's big money here. To date, the nine movies have brought in more than $5 billion.
Here's the thing. Something similar is happening in the high-margin software sector.
Technically speaking, it's a field known as “DevOps.” The term refers to the $50 billion up for grabs by helping companies make a transition from legacy systems to cutting-edge digital tech.
Today, I'm going to show you what I call “Software's Fast & Furious.” And I'll reveal a tech stock that will more than double the market's return for years to come.
Check it out…
Hollywood's Winning Formula
You have to hand it to Hollywood, it certainly knows a winning formula when it sees one.
For casual observers, the original Fast & Furious that debuted in the summer of 2001 might have seemed like disposable fun – a Los Angeles cop enlists the help of a childhood friend to thwart a string of delivery truck hijackings… action and adventure ensue.
But it went on to become one of the best franchises in movie history.
I believe the comparison to DevOps – essentially software development practices that align closely with business objectives – is more than a little appropriate. Fact is, this sector of the software industry doesn't get a lot of attention.
And yet, it's a highly profitable high-wire act. Companies in such fields as telecom, manufacturing, and finance need these “Fast & Furious” tools for high-tech automation, collaboration, and application management.
Industry analysts note that DevOps began quietly about 10 years ago. But a new report from Cowen & Co. says that last year the field was already worth roughly $7.9 billion, a figure the firms says will triple by 2023. For the full story go to moneymorning.com.