Stock price when the opinion was issued
It’s basically feed and seed plus some John Deere equipment manufacturers etc. It has done fairly well and it’s a way to play that sector and there’s nothing wrong with it. It’s been around for quite some time. It wouldn’t be his most preferred choice but it would be something he wouldn’t have an objection to but he wouldn’t be overweighted either.
Not just pure commodities, also holds stocks like CAT. No one's looking at this sector. In a downtrend, but he's seeing some rising troughs or, at worst, a flat series of troughs, indicating that downtrend may be ending. It makes a "triangle", meaning that the trend is ending; if it takes out the last peak, tons of upside.
Early signs that this ETF is showing some life. Doesn't mean that every stock is but, in general, it looks OK. He has 1 leg in so far, will add in more if it keeps going up.
(A Top Pick May 27/15. Down 8.28%.) The idea is that agriculture should be one of those things that is fairly insensitive to movement, simply because everybody has to eat. He got most of his clients out of this 3-4 months ago.