You know I get stoked when a stock I've recommended to you does well. So you can imagine how excited I am when I get to recommend a stock all over again.
I'm talking about U.S. Silica Holdings Inc. (NYSE: SLCA) stock, which I first recommended back in February.
Thanks to a sell-off shortly before I first shared SLCA with you, we were able to buy this stock relatively cheaply. And since then, just five months ago, SLCA stock has soared 105%.
And I think today's price, about $58 a share, is still too cheap.
Over the last three years, U.S. Silica Holdings has increased earnings per share by an average of 73%. For now, I'm going to be conservative and assume it grows by only one-third that amount going forward.
That would give us an earnings growth rate of 24%. At that rate, profits and the SLCA stock price could double again in as little as three years.
This is a stock that provides us with a buffet of choices.
We can sell it and make our double. We can keep it and watch it quadruple. Or we can buy some more and then watch our portfolios soar higher and our retirements grow more secure.
Today, I want to explain why SLCA continues its upward trajectory and why it's one of the best stocks to buy now.
You see, U.S. Silica Holdings' products are a big part of the technology that provides our best defense in a global energy war that has just started. And that makes this a "defense" technology we can feel proud about profiting from…
The Quiet War
On June 6, I noted that Russia and its president, Vladimir Putin, had just reached a $400 billion agreement to supply natural gas to China. The massive deal is part of Putin's scheme to use Russia's abundant energy supplies to grow his nation's economy.
This 30-year pact threatens to upset the delicate global balance of power. In fact, this deal was one of the first shots in Russia's energy war against the United States and Europe.
Europeans rely on Russia for energy supplies, and so they could pay higher prices once all that gas starts going to China. It's a quiet war that again pits the United States against its longtime adversaries.
And that's not the only front in this quiet war.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And he was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael is also a Pulitzer Prize-nominated writer and reporter. His first book, "Overdrawn: The Bailout of American Savings" warned people about the coming financial collapse - years before "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.