This stock returned 5,900% during the last oil boom… and we’re buying it again today

It’s one of the best sectors in the world for explosive gains…
Deeply cyclical industries such as shipping, oil & gas, mining, and the service industries that supply them are one of the few areas of the market where you can actually make 5 to 10 times your money… and you can make those kinds of returns on large, well-known companies.
Anyone who tells you those types of gains are only achievable by taking wild speculations (bitcoin comes to mind today) is wrong.
Cyclical stocks can fall 80 or 90% during a downturn. But when the market turns, these beaten-down stocks are coiled springs.
And here’s the best part…
Because you’re buying solid companies at rock-bottom prices, you’re able to achieve these enormous returns without huge amounts of risk.

This post was published at Sovereign Man on October 24, 2017.