When investing in cyclical businesses like mining, tailwinds are always something that analyst Taylor Muckerman looks for. With regards to Silver Wheaton (NYSE:SLW), he believes there are several that will propel this stock higher over the years ahead.
Being in the business of providing financing to miners, Silver Wheaton competes with the interest rates that banks and other financiers can offer. Over the past several years, these interest rates have been quite low in many of the markets that Silver Wheaton currently has deals (read: North America). However, in all likelihood, these record low interest rates will be on the rise within the next couple of years. Should this play out, Silver Wheaton's offerings will become that much more attractive to miners of all sizes.
To find out what other tailwinds Taylor believes are ready to lift Silver Wheaton's share price, tune in to the video below.