Wayne Gretzky famously said that you miss 100% of the shots you don't take. But the hockey GOAT has another saying that can also apply to markets and investing: skate where the puck is going, not where it is now.

Luckily, like most investing opportunities, there are ‘pick and shovel' plays or underlying companies that are set to benefit that aren't as overdone or talked about.

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This idea was a core theme in this week's episode of “The Raz Report” podcast, a show featuring Benzinga's co-founder Jason Raznick.

Raznick and I sat down and talked about his journey into trading, mistakes he made early on and why it's so important to find the often-overlooked opportunities by analyzing themes and moving where the puck is going, as Gretzky would say.

"I try to look at trends in the market," Raznick said. "The EV market makes sense to me. The Ozempic plays made sense to me… 9/11, when that happened, the security plays, I was investing in drones before anyone was talking about drones."

Raznick's point is that the derivative plays of emerging trends aren't usually talked about as much among investors and throughout financial media, which can create lower prices and more profit opportunities.

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Photo: Benzinga