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Community Manager
John_Walter
Posts: 574
Registered: ‎04-29-2010
0

Buy ag stocks?

[ Edited ]

On the tail of today's USDA reports, shares of ag companies climbed on several fronts, particularly with those related corn.

 

Investors are seeing opportunities in seed, fertilizer and farm-equipment stocks, according to a Dow Jones story (click here).

 

In early afternoon trading, Deere & Co. was up 2.4%, fertilizer manufacturer CF Industries Holdings soared 4.2%, and Monsanto had risen by 2.5%.

 

What ag stocks do you think got the biggest boost today? Stock tips anyone?

 

John

 

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hank284
Posts: 2
Registered: ‎01-17-2011
0

Re: Buy ag stocks?

Too late for the ag stocks and they are correlated to our livelihood anyway.   I am starting to think that Tokyo Electric Power company (tkecf on pink sheets) is getting cheap enough to be a gutsy buy.  It is a utility stock so it should have some guaranteed cash flow but will the Japanese government nationalize it.  Obviously down big since the tsunami.  

Advisor
nwobcw
Posts: 1,703
Registered: ‎05-13-2010
0

Re: Buy ag stocks?

   It's not good to have too many eggs in 1 basket.

Veteran Contributor
chipster22
Posts: 77
Registered: ‎10-08-2010
0

Re: Buy ag stocks?

Perhaps buying fertilizer and oil stocks could be thought of as a hedge against rising production costs.