Fertilizer stocks making a come back ?

Discussion in 'Stocks' started by derektrader, Aug 11, 2020.

  1. I have been playing fertilizer stocks the past week based on some earnings; MOS, AGCO, and CF. I played CF and MOS after earnings, not before, and made money on the gap up.
    I think food shortages will push these up. the charts are looking good as well.
     
    Last edited: Aug 11, 2020
  2. drunnels

    drunnels

    Ah yes, 2007, the glory days of fertilizer, I remember fondly.
     
  3. Remember POT ?
     
  4. drunnels

    drunnels

    You betcha, Saskatch Potash, made a bundle on it. When I sold, I got a kick out of telling my mother-in-law "I sold some POT today."
    I went to my local Co-op to buy some 46-0-0 and was shocked to find the price doubled. When I mentioned it, I immediately backpedaled and said, "that's OK, I got fertilizer stocks."
     
  5. Sounds about right, these look undervalued compared to rest of market. And they appear to be trending up as well in recent times. Might have to buy a little of these myself... thanks for the idea OP!!!
     
  6. maxinger

    maxinger

    thousands of stocks, be it fertilizer or not , have already gone up since Mar / Apr 2020.
     
  7. Fertilizer industry is sure going strong now if figures are to be believed.