Apple's Latest Revelation Could Make This Little-Known Tech Stock Soar

Chalk up another correct prediction for our resident growth stock expert, Andy Obermueller.

In case you missed Apple's big event in September, there were three key announcements that the legendary tech company revealed for the first time.

The first was expected. Apple officially unveiled the iPhone 6, complete with a 4.7 inch screen (18% larger than the iPhone 5's screen) and a processor that's 50% faster.

The second announcement was anticipated with some certainty. The company revealed its long-awaited smartwatch for the first time. The $349 Apple Watch is designed to work with the iPhone 5 and iPhone 6. While not all of its features are known, the watch allows users to make hands-free calls and access apps that can do everything from check your heart rate to track how far you've walked.

The third announcement had been shrouded in rumors, but it's the real money maker for investors as far as we're concerned. It's a reveal that Andy Obermueller, our Chief Investment Strategist for Game-Changing Stocks , has been predicting for over two years now.

His prediction came true: Apple Pay is here.

This wallet-killing program lets you simply tap your iPhone at the register to pay for items using a special technology called near field communication (NFC), which we talked about in more detail in a previous issue of StreetAuthority Daily .

But Andy hasn't recommended Apple as the way to make triple-digit gains from NFC technology. Instead, he's been focusing on Apple's main supplier of the NFC chips.

As we mentioned recently, Andy and his readers have already made an incredible 225% since he recommended this NFC chip maker's stock back in July 2012.

But now that Apple is officially in the e-payment game, this key NFC-chip supplier's growth potential has shifted into overdrive.

For starters, demand for NFC chips in general is strong and growing. Reuters projects that the number of phones with NFC chips will double to 550 million phones this year from 300 million last year. And Apple's entrance into the e-payment market could very well create a bandwagon effect, leaving competitors clamoring for NFC technology to catch up and boosting demand for the chips even further than expected.

Secondly, there's plenty of room for growth as the mobile payment market is largely untapped. A new survey from shows that 62% of Americans "never" or "hardly ever" use their smart phones to make a purchase.

And while 49% of adults between 50 to 64 said they "don't plan on using" their phones to make purchases, initial sentiments can change fast once we're talking about Apple.

That's because once Apple gets hold of a technology, it goes mainstream .

Think about it. MP3 digital music players were invented in 1979, decades before Apple introduced its iPod in 2001. What started as a largely unheard-of, niche technology suddenly became mainstream with the iPod, which went on to sell more units than the entire U.S. population (375 million units) in just 13 years.

Apple did the same with the smartphone. To date, the company has sold over 500 million iPhones and they are used by everyone from children to seniors. Many people -- including myself -- never thought of needing a phone that could access the Internet even five years ago. Now many can't leave the house without their smartphone.

I think Apple can bring the same success to mobile payments. Apple Pay has a great chance of taking this largely untapped market and making it mainstream.

And now that it's confirmed that the millions of iPhone 6s and Apple Watches will be sold with NFC chips, investors should be looking at the handful of key players that stand to profit most from Apple Pay's potential future success.

As I mentioned, Andy correctly predicted in 2012 that Apple would introduce a mobile payment feature in the iPhone. But more importantly, he correctly predicted who would be the key supplier of Apple's NFC chips. It's a bet that's already led his readers to a 225% gain in just over two years.

But this is a growth story that's far from over . In fact, thanks to Apple Pay, Andy predicts that there is more monumental gain potential ahead for this NFC chip manufacturer and four other key Apple suppliers that he expects will skyrocket over the next few years. To see his case as to why, I invite you to check out his brand-new research video by clicking here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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