Eric Fry is out with a new teaser, and he claims Elon Musk has been working on something called "Project Omega."
Eric claims "Project Omega" could unleash 15.7 trillion in new wealth and mint many new millionaires while at the same time plunging many into poverty.
Additionally, Fry claims to know six stocks that you can buy to capitalize on Project Omega and potentially hit it big.
The good news is that Fry left enough clues in this presentation to figure out the stocks, and I reveal them below.
And I'll give you information on each stock so you can determine if they're good investments.
Let's get started!
Project Omega Summary
Creator: Eric Fry
Newsletter: Fry Investment Report
Stocks: Alphabet, Intel, Amazon, Stem, Sabre and Ivanhoe Electric
Edit: This stock teaser was very, very popular and this overiew of the teaser is probably the most viewed thing I have ever written. I wanted to just give a little update on it since so many people are searching for answers.
This teaser launched around July 1st, 2023 and the market is up around 24% since then.
You should judge the performacne of these stocks against the market returns.
Alphabet is up around 17%, Intel is up 45%, Amazon is up 15%, Stem is down 38%, Sabre is up 39%, Ivanhoe Electric is down 24%.
So when you combine all 6 stocks you're up 9.33%, which is way below market reutns. End edit
Stock pickers love to jump on big trends and tease stock picks on them to get you to buy their newsletters.
The only thing stock pickers love more than that is to evoke the names of billionaires like Elon Musk to entice would-be customers even more.
"Project Omega" is simply referring to artificial intelligence, and this stock teaser is just a general A.I. teaser.
The stock picks are divided into two reports.
The first are in a report called 3 Stocks for the AI Revolution," and they're well-known companies like Google, Intel, and Amazon.
The last three stocks are in a report called AI Moonshots, and these are smaller-cap A.I. companies, so higher risk and higher reward.
These companies are Stem (which uses A.I. with the energy grid), Sabre (which uses A.I. in the travel industry), and Ivanhoe Electric (an electric metals company that's using A.I. for their projects).
So are these really the best AI stocks?
Keep reading for a more in-depth analysis.
Better opportunity: I've reviewed all the top places to get high return stock ideas. To see my favorite (which is extremely affordable), click below:
Project Omega FAQs
Have questions about this stock teaser?
Here are some FAQs about this presentation that should answer all the questions you have:
1) What is "Project Omega" about?
Project Omega is referencing OpenAI, which is the company that originally created ChatGpt (now they're with Microsoft).
Elon Musk was an early investor in OpenAI and sat on the board in the early days of the company.
But the teaser is more about artificial intelligence than just one company.
This is what stock teasers do.
They hop onto trends and make grandiose predictions about how such and such industries will change everything and be bigger than the internet (Fry literally says this about A.I.).
So is AI going to have a major effect on things the way the internet and electricity have?
I don't think so personally.
What it will do, in my opinion, is change how search engines work and possibly replace a lot of low-skill writing jobs.
But changing how search engines work is a pretty big deal since Google is one of the biggest companies on earth.
More recently, I've been using ChatGPT instead of Google and have been pretty satisfied with the results.
The search engine market brings in revenue of around $225 billion per year.
So not exactly the $15.7 trillion of wealth Fry claims A.I. can unleash, but maybe I'm missing the significance of A.I.
2) What are the 3 Top Stocks For The A.I. Revolution?
So the stock picks are divided into two reports.
The first report is "The Top 3 Stocks for the AI Revolution."
These are massive companies that are expected to dominate the industry and have been pioneers in artificial intelligence so far.
The companies in this report are Google, Intel, and Amazon.
Here are a few ways each company is involved in AI:
Alphabet:
Alphabet, the tech titan behind Google, isn't just playing with AI, it's orchestrating an entire symphony with it. From the familiar melody of personalized search results to the cutting-edge harmony of self-driving cars, AI is woven into the fabric of every Alphabet venture.
Search, the maestro of information: Imagine a librarian who not only knows your favorite books but can predict which one you'll crave next. That's the power of AI in Google Search. Algorithms sift through mountains of data, understanding your search intent and serving up results that resonate, all thanks to the magic of machine learning.
YouTube, the AI-powered video stage: Beyond cat videos and viral trends, AI fuels the magic behind YouTube's personalized recommendations and content moderation. It analyzes viewing patterns, identifies your preferences, and surfaces videos that keep you glued to the screen. Think of it as a tireless curator, constantly tailoring your YouTube experience to your unique tastes.
Waymo, the AI-driven road warrior: Buckle up for the future of transportation, powered by Waymo's self-driving cars. AI algorithms perceive the world like a seasoned driver, navigating roads, avoiding obstacles, and making decisions faster than any human could. Waymo's vision? A world where autonomous vehicles whisk us around safely and efficiently, transforming our commutes and reshaping our cities.
But Alphabet's AI symphony extends far beyond these headline acts. From Gmail's spam-fighting algorithms to DeepMind's protein-folding breakthroughs, AI is quietly revolutionizing every corner of the company. So, the next time you use an Alphabet product, remember – you're not just tapping into technology, you're experiencing the power of AI, conducted by the world's most innovative tech orchestra.
Intel:
Intel, the silicon maestro, isn't just building chips, they're building brains – artificial brains, that is. AI isn't just a buzzword at Intel, it's the fuel propelling innovation across their entire empire.
Think beyond processors: While Intel CPUs crunch numbers like Olympic sprinters, their AI game extends far beyond brute force. Their AI software portfolio, like oneDNN and OpenVINO, optimizes deep learning frameworks, making AI development smoother than a freshly-sanded silicon wafer.
Eyes and ears of the future: Intel's AI prowess shines in computer vision and speech recognition. Imagine drones powered by Intel chips soaring through the air, identifying wildfires with hawk-like precision, or smart assistants understanding your every mumble with near-human accuracy. That's the future Intel is building, brick by AI-powered brick.
From factories to farms: Intel's AI isn't just confined to the digital realm. Their chips and algorithms are infiltrating factories, optimizing production lines, and predicting equipment failures before they happen. In fields, AI-powered drones monitor crop health, guiding farmers to maximize yields and minimize waste.
But Intel's AI ambitions stretch beyond earthly concerns. Their partnership with NASA, for example, aims to use AI to analyze data from Mars rovers, unlocking the secrets of the Red Planet.
So, the next time you boot up your Intel-powered device, remember – you're not just tapping into processing power, you're tapping into the future, a future shaped by Intel's AI revolution.
Amazon:
Amazon, the retail behemoth that's not just delivering packages, but delivering AI-powered magic to every corner of your shopping experience. Buckle up, because Amazon's AI story is a whirlwind of personalized recommendations, predictive logistics, and robotic efficiency.
The whisperer of "you might also like": Ever wonder how those eerily accurate product suggestions pop up on your Amazon screen? It's not magic, it's AI algorithms analyzing your browsing history, purchase patterns, and even the whispers of your inner consumer. These algorithms anticipate your desires, crafting a personalized shopping experience that feels like Amazon is reading your mind (and your wish list).
Robots, robots everywhere: Amazon's warehouses aren't just storage spaces, they're AI-powered ballet studios for robots. Guided by sophisticated algorithms, these tireless bots zip around, retrieving items, packing orders, and optimizing workflows with robotic precision. The result? Faster deliveries, less human error, and a symphony of efficiency that keeps your Prime packages rolling in.
Predicting the future, one click at a time: Amazon doesn't just react to demand, it anticipates it. AI algorithms analyze vast troves of data, predicting what you'll buy even before you know it. This foresight helps them optimize inventory, manage logistics, and ensure that the item you crave is just a click away, no matter where you are in the world.
But Amazon's AI ambitions reach beyond the shopping cart. From Alexa's ever-evolving intelligence to their foray into drone delivery, AI is woven into the fabric of their ecosystem. So, the next time you hit "buy" on Amazon, remember – you're not just purchasing a product, you're participating in a grand experiment, where AI is redefining the future of retail.
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3) What Are The AI Moonshots?
The three stocks I mentioned in the last section are all very safe, and they'll all benefit from AI.
However, you're not going to get massive returns with these stocks, most likely.
If you want home runs, you're going to have to search for the next big thing.
And that's what the AI Moonshot stock picks are.
These are small-cap stocks that are definitely more risky but offer higher potential.
The three stocks picked in this report are Stem, Sabre, and ALS Limited.
Here's what each company does:
Stem:
Stem, the clean energy champion, isn't just generating power, it's harnessing the power of AI to revolutionize the way we manage and utilize energy. Buckle up, because Stem's AI story is a dynamic dance of smart buildings, optimized grids, and sustainable solutions powered by intelligent algorithms.
Brainpower for your building: Imagine a building that learns your energy habits, anticipates your needs, and adjusts its power usage accordingly. That's the magic of Stem's AI-powered energy management systems. These systems analyze real-time data from sensors and meters, optimizing heating, cooling, and lighting to maximize efficiency and minimize waste. Think of it as a personal trainer for your building, constantly pushing it towards peak energy performance.
Gridlock no more: Our power grids are complex ecosystems, and Stem's AI is the conductor, keeping the music flowing smoothly. Their algorithms predict energy demand, manage distributed resources like solar panels and batteries, and even help utilities avoid costly blackouts. Imagine a grid that dances to the rhythm of renewable energy, intelligently balancing supply and demand to create a more sustainable and resilient future.
AI meets cleantech: Stem's AI isn't just about saving energy, it's about unlocking the full potential of clean technologies like solar and energy storage. Their intelligent software helps optimize the performance of solar panels, maximizing energy production and ensuring every ray of sunshine is captured. They even bridge the gap between clean energy and electric vehicles, managing charging infrastructure and ensuring a seamless transition to a greener transportation landscape.
But Stem's AI ambitions reach beyond buildings and grids. They're exploring AI-powered solutions for microgrids, demand response programs, and even weather forecasting to further optimize energy usage and accelerate the transition to a renewable future.
So, the next time you flip on a light switch, remember – it could be powered by the brains of Stem's AI. They're not just generating clean energy, they're generating a smarter, more sustainable future, one intelligent algorithm at a time.
Sabre:
In the arena of travel tech, Sabre is not just booking flights, they're orchestrating a personalized symphony of journeys powered by AI. From predicting your next vacation destination to optimizing airline revenue, Sabre's AI is transforming the travel industry one algorithm at a time.
The future of flying, powered by AI: Imagine airlines pricing seats dynamically, tailoring offers to your preferences and travel patterns. That's the magic of Sabre's AI-driven revenue management systems. Using machine learning, they analyze vast amounts of data, predicting traveler behavior and optimizing pricing strategies to fill those empty seats and boost airline profits. It's like a crystal ball for the travel industry, revealing the future of bookings and driving revenue growth.
Personalization, the secret sauce of travel: Gone are the days of one-size-fits-all itineraries. Sabre's AI algorithms analyze your travel history, preferences, and even social media data to curate personalized travel experiences. From suggesting your dream vacation destination to recommending the perfect hotel based on your past stays, AI is your travel genie, whispering tailor-made suggestions throughout your journey.
Frictionless flights, a reality: Imagine checking in seamlessly, navigating airports effortlessly, and even boarding your plane without a paper ticket. Sabre's AI-powered solutions are making this a reality. From facial recognition technology at check-in to AI-powered chatbots answering your travel queries, every step of your journey is smoother, faster, and more efficient, thanks to the invisible hand of AI.
But Sabre's AI ambitions go beyond individual travelers. They're helping airlines predict maintenance needs, optimize flight schedules, and even manage disruptions with greater efficiency. It's like a futuristic air traffic control tower, powered by algorithms, ensuring every flight takes off and lands smoothly, creating a seamless experience for everyone involved.
Ivanhoe Electric
Ivanhoe Electric, a Canadian mining exploration company, is a prime example of how AI is revolutionizing the resource exploration industry. They're not just digging in the dirt, they're using cutting-edge AI technologies to unearth hidden mineral deposits with greater efficiency and accuracy.
Ivanhoe Electric's AI Advantage:
- Typhoon™ geophysical surveying system: This innovative system uses AI-powered drones equipped with electromagnetic sensors to map the subsurface, revealing potential mineral deposits with unprecedented detail. Imagine a metal detector on steroids, soaring through the air and painting a clear picture of what lies beneath.
- Computational Geosciences Inc.: Ivanhoe Electric owns 94% of this AI and data analytics company. Their software uses advanced algorithms to interpret the data collected by Typhoon™, identifying promising exploration targets and reducing the risk of drilling in the wrong places. Think of it as a geological Sherlock Holmes, sifting through clues and pinpointing the most likely locations for buried treasure.
- Data-driven decision making: By combining AI-powered insights with traditional geological expertise, Ivanhoe Electric makes informed decisions about where to focus their exploration efforts. This targeted approach saves time, money, and resources, leading to faster and more cost-effective discoveries.
The Impact of AI in Mineral Exploration:
- Reduced environmental footprint: AI-powered exploration techniques are less invasive than traditional methods, minimizing the impact on the environment. Drones and data analysis replace large-scale digging and soil disruption, preserving ecosystems and reducing the carbon footprint of the exploration process.
- Increased discovery rates: AI algorithms can analyze vast amounts of data much faster and more efficiently than humans, identifying potential mineral deposits that might have been missed using traditional methods. This leads to a higher rate of discoveries, paving the way for a more secure and sustainable supply of critical minerals.
- Improved resource management: By accurately mapping and understanding mineral deposits, Ivanhoe Electric can optimize their extraction and processing methods. This leads to more efficient resource utilization, minimizing waste and maximizing the value of each discovery.
Ivanhoe Electric's AI story is just beginning. As they continue to refine their AI-powered technologies and explore new applications, they're paving the way for a more sustainable and efficient future for the mining industry. They're not just looking for minerals, they're looking towards a future where AI helps us responsibly extract and manage the Earth's resources for the benefit of generations to come.
4) Is the Fry Investment Report worth buying?
So the last question to answer now is whether the Fry Investment Report is worth buying.
The newsletter is very affordable and will cost you $49 for the first year, and it gets pretty good results.
This is probably one of the most solid stock-picking services out there.
Does it beat the market?
Some picks definitely will, but I'm not sure overall.
However, what I do know is that a horrible company owns this newsletter called InvestorPlace.
InvestorPlace is run by a fraudster named Louis Navellier, who is someone I really don't like.
A couple years ago, he was fined $30 million for defrauding his customers.
If you buy the Fry Investment Report, you'll be thrown into a sales funnel where a bunch of crap products will be marketed to you.
Many of which will cost tens of thousands of dollars with no refunds.
So I'd keep that in mind if you're thinking about buying the Fry Investment Report.
Recommended: Best Place To Get Stock Picks
Wrapping Things Up
So that's the end of my overview of Eric Fry's stock picks regarding Elon Musk's "Project Omega."
This is all just a fancy way of saying artificial intelligence.
Eric divides the picks into safe large caps and riskier small caps.
For those adverse to risk, the first three stocks of Google, Intel, and Amazon are for you.
For those looking for larger returns and who can accept the risk, the second batch of stock picks, Stem, Saber, and Ivanhoe Electric, are for you.
I won't tell you which to invest in; that's for you to decide.
All I can do is tell you about the stocks and how they're involved with AI.
The rest is up to you!
So are you thinking about investing in any of these "Project Omega" stocks?
Let me know below in the comments!
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Thank you. I appreciate this info greatly. We hope you share more in the future.
Will do!
Thank you so much for the info on “Omega Project”….simple and smart!
You’re welcome Patricia!
Hi
How do I buy in to Project Omega what’s the trading symbol
All the stocks I talked about in the post
Dylan, your article was concise and informative. Thank you for taking the time to educate the general public. Yes, I will be investing but want to continue to explore additional… I will keep an eye out for your future posts.
Appreciate it!
Good summary here. It’s too bad there’s so many newsletter hucksters out there. Americans more than any other country seem so easily hoodwinked by stuff like this, worshipping people who have any kind of Wall Street experience. I blame it on their worship of movies like Boiler Room and Wolf of Wall Street. But the truth is that if Eric had been successful enough with his stock picks and his banking career, he would have retired long ago. But apparently he wasn’t, and that’s why he’s peddling newsletters and trainings. Calling it “Project Omega” seems like a cheap sales tactic to make people think it’s some secret “Illuminati level” privileged information. If they knew it was just about AI, fewer of them would have kept watching the video.
Agreed!
Wow! Solid and factual information on the internet. Thank you. I learned something useful. You answered my questions.
Glad to hear!
Thank you Dylan. Everytime I get one of these type emails in my Inbox and listen to it for 5 seconds I immediately hope on the Internet to see what you have to say about it. I appreciate you caring enough to inform the public and the unsuspecting about these people whose only goal is to get your money – they don’t care about anyone but themselves. Keep doing the great work you do. God Bless you and your family.!
No problem!
If you are correct in your stocks from Eric then he is way off the mark. NVDIA is the big gainer and will continue to grow because of AI and other growth avenues. AMD will be growing much faster that Intel with it’s chips and AI engines. NVDIA is #1 but they can not get enough chips so AMD will fill in the rest needed. Cisco and other networking companies also will grow with the need for cloud based AI systems. The of course Tesla is an outside bet with their cars, robots and driver less technology.
Of course there will be the missuses of the technology for customer service and the government, this will all help the boom. One last one is Adobe.
So I think Eric if far off the mark.
Darn, I just bought the report yesterday and wasted my money as all the info is here. How can I follow you to get more good advice in the future please? Top article btw
You have 365 days to get full refund. Right?
I believe so
Thank you very much
Great recap of Frys pitch. I’m always skeptical of those. Keep up the great work
Thanks!
You’re a gentleman and a scholar! I have a great disdain for the fear mongering/half truth types of marketing like this “project omega.” It was great to find a well written article, written by a real human, to simplify and clarify things.
Appreciate the compliment!
Dylan, I hardly leave comments but was so impressed your transparency that I had to write one. I read through the comments and there is honestly nothing else I can say but echo everyone’s comments x1000! Thank you very much, your work is appreciated!!!
Appreciate it!
Thanks Dylan. I am new to investing and trying to learn. I know this AI technology is going to have major changes for the near future. It’s overwhelming with the info on the internet. I don’t even know where to start but at least you explain things that a novice can understand.
When I click your link above to sign up, Insider Newsletter shows a price of $35 per month. Then when I go to Business Insider website, I see that the full membership is $2,499 per year. I am a bit confused. What am I getting for $35/month?
You get a weekly newsletter with 5 stock picks in it for $35 per month