Uncovered: Teeka Tiwari’s #1 Stock For The Coming Digital Dollar

Teeka Tiwari is out with a new stock teaser, and he claims to know the "#1 stock for the coming digital dollar."

There are many stock pickers hyping up the end of the US dollar and the switch to digital money.

The bad news is that Teeka wants you to pay him money to learn the name of the stock.

The good news is that he left enough clues in the presentation to figure it out.

I reveal it below, along with information on whether it's a good stock to buy.

Let's get started now!

#1 Stock For Coming Digital Dollar FAQs

Still have some questions about this teaser and the stock being recommended?

Here are the answers to any remaining questions you might have.

1) What is the theme of the teaser?

There are a few trends a year that light up the stock-picking world.

A couple years ago, electric cars and self-driving cars were all stock pickers could recommend.

In 2023, it's mostly been about AI, but there's been a big emphasis on FedNow and the "desctruction" of physical dollars.

Teeka's teaser on the topic is now the fourth presentation I've seen on this topic.

Teeka is hyping the date of July 26th as a time to "move your cash" because that's when FedNow starts rolling out.

2) What is FedNow?

At this point, you're probably wondering about FedNow and whether it's actually going to have the impact Teeka claims it's going to have.

FedNow is an instant payment service that's being launched by the Federal Reserve.

Anything that the Federal Reserve does will spawn conspiracy theories, and stock pickers use this fear of the Fed to get people to buy their newsletters.

The point of FedNow is to allow customers and participating banks to send and receive money within seconds, 24/7.

This will end delays in deposits and lower processing costs.

Here's an excellent summary of FedNow from someone on Twitter:

I don't even really see how FedNow can be used for a digital dollar or anything like that.

I guess the theory is that it lays the foundation for one, but I personally don't see it.

From what I've gathered, the Federal Reserve has made no decision on whether to explore a digital dollar.

So a "digital dollar" is years away if it does come.

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3) What are the clues left behind for the stock?

Teeka left plenty of stocks in the presentation.

Here are the main clues for the stock:

• Worked with Fed to develop FedNow
• Deal with five central banks.
• Investments from Blackrock, Bank Of America, and Vanguard

There are only a handful of companies that are big enough to work with the Fed and get these kinds of investments from major hedge funds.

All the clues point to the stock being Fidelity National Services (FIS), and I'm 100% sure of this.

Here's an article detailing how the five central banks work with FIS:

So FIS is the stock being pitched here.

Is it a worthwhile investment?

We'll explore that in the next section.

4) Is Fidelity Information Services worth investing in?

Fidelity Information Services is a massive fintech company with a market cap of $31 billion.

They make billions of dollars a year and employ nearly 70,000 people.

So this isn't some small-cap stock being recommended.

Fidelity National Services had a very good run when the market was doing well but has absolutely tanked over the last couple of years.

That's about a 75% loss in stock price since the summer of 2021.

That's rough.

There are a lot of reasons why the stock has struggled this time.

Revenue grew slowly in 2022 and was 4.69%.

Compared to 2021, which saw revenue grow 21.47%, and 2020, which saw revenue grow 22%,

On top of this, earnings per share have dropped as well.

Operating income went from (in millions) 552 in 2020 and 1055 in 2021 to -16,119 in 2022.

FIS has many competitors as well, including Global Payments, Paypal, Mastercard, and more.

Not to mention other digital payment services like Block.

But some analysts believe FIS is in a good position and the stock will rise.

This is primarily due to the increase in digital payments, e-commerce, and banking as a service.

5) Is Teeka Tiwari's newsletter worth buying?

The last question to answer now is whether Teeka's newslett, The Palm Beach Letter, is worth buying.

I must emphatically say no; this newsletter is not worth buying.

Teeka is truly one of the worst characters in the stock-picking industry.

He's banned from working on Wall Street and has worked for many fraudulent companies in his career.

His newsletter was previously owned by Agora, which is an awful company that recently paid millions in fines for defrauding elderly people.

Now it's owned by MarketWise, which is basically Agora 2.0 (all the same publishers and many of the same leaders from Agora are now with MarketWise).

If you buy, you'll be thrown into a super aggressive sales funnel and bombarded with manipulative sales presentations for products that cost thousands.

Save yourself the headache and just avoid anything Teeka is attached to.

Wrapping Things Up

So that's the end of my post covering Teeka Tiwari's "#1 stock for the coming digital dollar."

Is a digital dollar on the horizon?

Perhaps, but I don't see how the FedNow program, which launched in late July, has anything to do with that.

It seems like a program that will allow transactions to happen quicker and with fewer fees.

But the goal of most stock pickers isn't honesty.

It's to create fear and doubt, so you buy their newsletter.

The audience for these newsletters is typically conservatives and libertarians, and both of these groups don't like the Fed.

So when the Fed does something, it's easy for someone like Teeka to twist it into some dire situation.

Many people are claiming FedNow will bring in a digital dollar, which will turn us all into financial slaves.

I just don't see how FedNow does this.

In fact, many countries like India and Brazil have similar systems in place already and consumers seem to really enjoy them.

But you may see it differently!

What are your thoughts on FedNow?

Do you believe it's going to usher in a new digital dollar and destroy paper money?

Let me know below in the comments!