Bullboard - Stock Discussion Forum Nutrien Ltd NTR

Primary Symbol: T.NTR

Chemicals Basic Materials

Nutrien Ltd. is a Canada-based provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities to serve the needs of growers. The Company operates through four segments: Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seed and merchandise. Its Retail... see more

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TSX:NTR - Post Discussion

Nutrien Ltd > Stockchase Insights

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Post by retiredcf on Jan 16, 2024 6:56am

Stockchase Insights

BUY

Nutrien Ltd.(NTR-T)

15/01/2024

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NTR is one of the larger Canadian stocks in Canada, at a $34B market cap. It pays a 3.1% yield, trades at a cheap valuation of 10.6X, however, its forward earnings and sales estimates are fairly muted. Fertilizer prices have been coming down, and this has put pressure on the stock. We expect potash prices to stabilize in the coming year or more, and with NTR's strong free cash flow generation and good management team and balance sheet, it can benefit from a stabilization or even potential increase in potash prices.

Over a long period of time, we would be comfortable buying and holding NTR at these levels given its industry-leading position in the space. We believe some patience will be required, though.

Agriculture

$67.530

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