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Top Stock #2: Sociedad Quimica y Minera (SQM)
Sociedad Quimica y Minera (SQM) is one of my favorite stocks right now and is perfect for just about
any portfolio.A Chile-based producer of specialty fertilizers, iodine and lithium, SQM has tremendous growth potential and is in great shape to profit big-time
from commodity inflation. Prices are rising for commodity fertilizers, and this is translating to higher prices for the company’s specialty plant
nutrients.What’s more, SQM’s lithium and iodine businesses are booming right now and should continue to boost the stock’s bottom line. Lithium is used in
hybrid car batteries and laptops, so once consumer spending firms up this stock should generate even more explosive returns.We’ve already made +20% profits in this stock since adding it our Blue Chip Growth Buy List in March, and
I expect more big things to come.
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