If you just looked at the headlines, you’d think this is the absolute worst time to invest in anything related to nuclear power.
After all, Big Media has been giving us a steady diet of stories about the benefit to the planet found in green energy.
Don’t get me wrong. I have recommended solar and related stocks in the past. The issue confronting us is that right now we don’t have nearly enough large, industrial-grade storage systems for wind or solar power.
Which brings me back around to a company that is set to double its stock, not by avoiding nuclear power, but by gladly embracing it.
That’s a good thing because right now as we speak roughly 55 nuclear power plants are being built around the world. And just the equipment part of the sector is worth $67.2 billion.
A Special Note from Michael: If there is one thing that's crystal clear, it's that cannabis industry has established itself as an essential part of the economy, even if the federal government won't admit it yet. Altogether, that means that a premier...
Just try buying a house or renting an apartment these days without visiting the websites of Zillow Inc. (Nasdaq: Z) or Trulia Inc. (Nasdaq: TRLA).
Eighty-three million visitors checked in on Zillow in June, while 54 million visited Trulia – without much overlap between the two.
It’s one heck of a business opportunity. And that’s why Zillow and Trulia late last month agreed to merge in a $3.5 billion deal that creates the world’s biggest real estate player on the Web.
As big as that blockbuster was, however, it’s still not enough to lock down the market.
In a recent survey of potential home buyers, the National Association of Realtors trade group found that 74% were planning to use the Internet to search for a new house. And according to the media analysts at Borrell Associates, from September 2012 to September 2013, more than half of all real estate advertising, or $13 billion, was spent online – and at that level, real estate is the No. 1 spender in online advertising.
The bottom line: There’s still plenty of room for a host of online real estate specialists – especially for players that offer services the Zillow/Trulia cartel doesn’t have.
We’ve identified the perfect challenger. In fact, we told you about it three months before the merger.
The New Space Race is still in its very early stages but a particular small-cap maker of rocket engines is already generating an amazing amount of thrust.
Here’s the thing. While the stocks of the major U.S. aerospace ventures have generated miniscule returns over the past year, shares of this California firm have soared by nearly 105%.
And that’s just a start.
Indeed, the shares of this company experienced a 6% surge in a single day earlier this week when billionaire investor Mario Gabelli told viewers of the popular CNBCSquawk Box program that this company’s shares could double from here.
To Ed Lu, the threat from killer asteroids is evident.
It’s like I told you Tuesday: Worst-case scenario, a large rock traveling at high speeds could wipe out most of the life on our planet. That remains a remote chance. But this fact is clear: Even a small space rock could cause widespread damage. It could kill thousands, or perhaps millions, if it were to strike a heavily populated urban area.
That’s why Lu figured the world’s governments would have to come together to protect Earth.
Then again, he is a former NASA astronaut. So he’s used to seeing government agencies invest billions in space missions of all kinds.
In 2001, Ed Lu and several colleagues formed the B612 Foundation. The non-profit is dedicated to protecting the Earth from asteroids and helping to spur interest in mapping the most threatening of these killer space rocks. The goal is to locate most of the ones that could devastate the human race and make plans to deflect them off course.
Given that the technology to do so already exists, it sounded like a no-brainer that the world’s political leaders to climb on board.
But over time, it became clear that budget-strapped governments had no stomach for the huge project. That left him two choices – quit the field outright…
In May, I wrote to tell you about a team of experts that has launched a new company to mine precious metals from asteroids near Earth. Planetary Resources plans to extract ore and other resources from orbiting space rocks.
Not long ago, of course, this was the stuff of sci-fi.
It smacks of the 1998 movie Armageddon, in which a team of roughnecks lands on an asteroid on a collision course with Earth in order to blow it out of the sky.
As it turns out, there is a real-life asteroid hunter who is doing something even more exciting.
Dr. Ed Lu is a former NASA astronaut and veteran of three space flights, and he has just announced a new mission – find the asteroids that pose a threat to our planet and eradicate them. His work is more vital than you might think.
You see, near-Earth asteroids are a double-edged sword.
No doubt, thousands of them contain valuable metals and other physical assets that will open up a whole new paradigm of resource discovery and make some savvy investors rich.
On the other hand…
We’re surrounded by a belt of them that could strike Earth. Under the worst-case scenario, a large rock traveling at high speeds could wipe out most of the life on our planet. That remains a remote chance. But this fact is clear: Even a small space rock could cause widespread damage. It could kill thousands, or perhaps millions, if it were to strike a heavily populated urban area.
Asteroid mining hasn’t even gotten off the ground yet.
But it’s already drawing some bad – and very misguided – press.
I wrote to you last month to tell you about a new startup that wants to mine asteroids for resources that could be worth trillions. Indeed, as I said, just one of these rocks the size of an art museum could be worth $100 billion. (See “‘Mining the Sky’ for an Abundant Future.”)
I also told you to keep an eye on Planetary Resources and its breakthrough high-tech system as a possible future investment. Not only does the new firm have the backing of several billionaires, it also has the support of the U.S. government.
And let’s not forget our friends across the pond…
This month, the European Space Agency will begin training a team to land on one of these giant space rocks and return with samples for researchers to study. They want to tap asteroids for metals and minerals, too.
Clearly, some very bright leaders all over the world believe “mining the sky” will be a key part of our future.
That’s why I still believe the question isn’t if we will mine asteroids, but when.
But in a story last Tuesday, none other than TheWall Street Journal tried to cast doubt on the whole concept.
The central part of the report is that Earth has more resources than we can dig up in decades.
As a long-time Journal reader, I have to say I was surprised the writer was so naive. The article focused on only one aspect of space mining – that Earth is running out of resources like gold, silver, and platinum. As I see it, the Journal was bending over backwards to support the current, terrestrial mining industry.
Commercial space travel was long confined to the realm of science fiction.
But no more.
With SpaceX’s successful rocket launch on May 22, commercial space travel is now a concrete, viable reality… and one that will yield lots of investment opportunities in the very near future.
After a three-day delay, the well-funded startup’s private space ship – a gumdrop-shaped capsule called Dragon – rocketed into outer space. It then docked with the International Space Station on the very first try. SpaceX made history. It was the first time a private firm has flown such a mission.
A few minutes before dawn tomorrow, Saturday, May 19, we’re set to cross what could be a major space-related milestone.
Tomorrow morning, an intriguing little startup firm called SpaceX is scheduled to launch one of its Falcon 9 rockets from Cape Canaveral, Fl., to dock its Dragon spacecraft with the International Space Station.
Make no mistake about it – this could mark a turning point for the U.S.
NASA ended the shuttle program last year. That leaves the U.S. hitching rides to the Space Station from our “good friends” the Russians. That’s not good for national security, much less for innovation and exploration.
We’ve already talked about the “New Space Race” – part of that being the asteroid mining initiative that private company Planetary Resources is embarking upon.
When it comes to space transportation, thankfully, SpaceX plans to pick up where cash-strapped NASA left off. Tomorrow’s launch could eventually have a value of at least $1.6 billion – that’s the total price tag for a contract NASA gave to SpaceX for 12 Space Station flights.