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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (123428)8/11/2022 3:38:12 PM
From: Goose94Read Replies (1) of 202372
 
Nutrien (NTR-T) revisited top pick from David Burrows on BNN.ca Market Call thirsty Thursday August 11th @ 1200ET

We like Nutrien based on our bullish view of the global agriculture market, which has allowed Nutrien to generate a robust amount of free cash flow. Boosts to excess cash have been used to fuel organic growth and return capital to shareholders through buybacks and dividends. To speak to its willingness to return capital to shareholders, Nutrien recently doubled the amount it plans to return to investors this year. Given realized pricing in all of its segments is expected to rise in the back half of this year, benefitting from surging gas prices in Europe, and restrictions on Chinese and Russian exports, we see Nutrien as a top idea as it will be able to capitalize on this strengthening space.
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