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Gold/Mining/Energy : Verde Agritech
NPK.TO 0.9200.0%2:02 PM EST

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From: Rocket Red1/8/2015 2:23:38 PM
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CIBC World Markets analyst Jacob Bout expects Agrium Inc. to outperform its peers in 2015.

Mr. Bout, who names Agrium as his top pick for 2015, expects agriculture and fertilizer stocks to outperform natural resource stocks in general in 2015, as agriculture fundamentals remain solid. “In fact, our outlook for the US agriculture market has improved dramatically in the past 3-6 months, reflecting drought in South America and improved US exports to Asia driving pricing (in particular corn) higher,” he says. “We also expect Agrium to outperform its peers as we believe it has the best growth and margin improvement story of the global fertilizer industry.”
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