Look, we’ve all been there. You see some stock rocket 500% and think, “Why didn’t I buy that?” Well, Eric Fry might have cracked the code – and no, it doesn’t involve a crystal ball or insider trading.
Meet “Apogee,” Fry’s computerized stock-picking system that sounds like it should be launching missiles but instead hunts for the next Amazon before it becomes, well, Amazon. The guy claims it spotted AMZN before its 1,115% run while smartly avoiding Tesla’s wild roller coaster ride. Smart robot.
The Anti-FOMO Strategy
Here’s where it gets interesting: While everyone else is chasing whatever’s already hot (looking at you, meme stock traders), Apogee does the opposite. It’s like that friend who shows up to the party after the drama but before the good stuff runs out.
The system looks for what Fry calls the “sweet spot” – established companies that have been beaten down but are starting to show signs of life. Think of it as buying a luxury car after someone else took the depreciation hit, except the car might appreciate 1,000%.
Take Humana back in 2000. The health insurer had just face-planted from a $200 million profit to a $400 million loss. Everyone was running for the exits. But here’s the thing about health insurance – they can literally just raise prices next year if they screwed up this year. Revolutionary concept, right?
Fry bought in, and Humana went on to return 3,591%. Not bad for a “boring” insurance company.
The 10X Factors (No, Not Elon’s Book)
Apogee looks for five key things:
- Down a Lot: The stock has fallen significantly (more room to recover)
- Up a Little: It’s starting to bounce back (the storm is clearing)
- Reasonable Valuation: Not too expensive, not suspiciously cheap
- Steady Growth: Revenue is growing, but not at “this seems fake” levels
- Outperforming: Beating the market (generating that sweet alpha)
The beauty is in the patience. Most days, Apogee does absolutely nothing – and that’s the point. It’s not trying to catch every wave or predict every twist. It’s waiting for the perfect setup, like a sniper who only takes the shot they know they can make.
The Bottom Line
Fry claims his system has identified 38 different 1,000%+ winners over his career, including Nvidia before its 1,871% run and Apple before its 4,285% moonshot. The guy’s either really good at this or has the world’s best marketing team.
Right now, Apogee has apparently flagged five new “buy” signals across 14,000 stocks. Whether these turn into the next Amazon or just another “what could have been” story remains to be seen.
But hey, at least it’s not another AI chatbot trying to sell you crypto.