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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (118800)2/12/2022 11:22:27 AM
From: Goose94Read Replies (2) | Respond to of 202283
 
Nutrien (NTR-T) top pick from David Burrows on BNN.ca Market Call Wed Feb 9th @ 1200ET

Nutrien is a top pick for us given the positive agriculture and fertilizer fundamentals. Nitrogen and potash prices are currently sitting at over $300/tonne higher than the start of 2021, and there is a positive lag effect there, which would lead to strong pricing for the next few quarters. Earnings expectations are likely to move higher as currently, analysts are expecting virtually no volume growth and only 100 dollars per tonne over last year. NTR pays a 2.4 per cent dividend that is likely to rise high single digits going forward given strong free cash generation.