Nutrien Ltd T.NTR

Brett Girard - BNN -TOP PICK

[Possibleidiot01]

TOP PICK

Nutrien Ltd.(NTR-T)

25/04/2023

 

 

It's been beaten down lately, which is why he likes it. A slowing economy will mean bumps for this stock, but long-term the world's population will keep growing. Emerging markets want more meat in their diet, so crop-growing needs to be more efficient. Hence, fertilizer. NTR is globally diversified and owns the whole chain--from extraction from the ground to retail. Can buy and hold this for 5-15 years.

(Analysts’ price target is $119.58)

agriculture

 

$94.820

Owned

[retiredcf]

Last stock in the clip; he and his family also own it personally. GLTA https://www.bnnbloomberg.ca/video/brett-girard-s-top-picks~2674692 Nutrien (NTR TSX) While the share price has fallen over the last year, the long-term combination of global population growth and higher GDP per capita in emerging markets will drive demand. Nutrien is one of the best-positioned agricultural names due to its