TSE:NTR

Nutrien Ltd. (NTR.TO)

107.95
-2.58 (2.33%)
as of Sep 18, 2026, 8:00:00 pm Market Open.
778 watching
0
SHORT
He's shorting, because of its valuation. They have mid-range price momentum, and volatility is OK. But they trade at 22x earnings and missed a recent quarter. Weak valuation that needs to improve.
HOLD
Really likes, and would buy at current prices. Focused on getting more vertically integrated. Awesome job at getting more efficient. Cost-cutting will drive earnings growth, and it's a lower risk source. Second lever is demand for the commodities. Buybacks and paying higher dividends. Valuation compelling. Volatile, but hang in there.
BUY
If China doesn't buy Canadian fertilizer He likes it, but will have a poor quarter due to a lot of rain in the midwest, delaying planting, not due to China. This may fall a further dollar. The stock is now cheap and he would buy it.
TOP PICK
Fertilizer markets are oversupplied, so fertilizer prices remain low, though slowly recovering. NTR is expanding its retail network through small acqusitions across North America, but also Australia and South America. The latter reduces cyclicality risk in North America. (Analysts’ price target is $82.44)
DON'T BUY
Cheap, at less than book value. Problem is earnings forecasts have been drifting lower, and upside potential is only about 10% higher than currently trading. Doesn't see upside, or momentum in potash prices. War with China has messed with demand for soybeans, etc. Hard to get excited.
PAST TOP PICK
(A Top Pick Jul 04/18, Up 2%) He continues to hold it and likes it. The major Canadian play in agricultural commodities. It is also big into retail sales to farmers. Good company that is well managed. Weather can impact their short term demand, but this creates a good buy opportunity. Yield 3.23%.
TOP PICK
The major Canadian play in agricultural commodities. It is also big into retail sales to farmers. Good company that is well managed. Weather can impact their short term demand, but this creates a good buy opportunity. Yield 3.23%. (Analysts’ price target is $83.04)
WAIT
We have come out of 5 years of oversupply in the market for fertilizer. There is likely to be less new capacity coming on than demand. We are seeing pricing moving higher. It could be an interesting play. If it traded higher than $73 it would mean it broke out. He would wait for that or hold it if you own it.
WATCH
He's looking at this. Over the long haul, things will be pretty good for NTR. The long-term negative for fertilizer is that Monsanto keeps coming out with seeds that need less fertilizer. But NTR offers good cash flow and the stock price is interesting.
PAST TOP PICK
(A Top Pick Aug 17/18, Up 1%) Slower planting season. Ag space has been crushed. Likes the company. There is a future. Hold on and wait for their day in the sun.
BUY

He's owned this before the Agrium merger, which was a great move. He expects more synergies to come. This is a play on farming. Great managers. Trading cheaply, too.

COMMENT
Technical outlook? The Ag space has a close following of technical traders. It is hard to be on a level playing field, playing against professional traders. The stock has been pretty range bound, so it does not check the technical boxes for them to get too excited about it. He would suggest playing the space with an ETF instead.
BUY
Definitely a long-term position, a 5-10 year play. Believes in long-term demand for fertilizer. Pullback because valuation's getting rich. He'd have it in your portfolio in the materials section. Starting to attract investor interest. Good value here.
TOP PICK
They raised their dividend today. Cash flows in the next 5 years is going to be $25 billion. They have about $4 billion a year of free cash flow. The stock is weak because of the weather. P/E is 16 and dividend yield is 3.6%. As cheap as it has been in a while. Great entry point. (Analysts’ price target is $83.49)
BUY
Testing support. Now is a good time to buy. You're not gambling anymore in the high $70s. Risk/reward is in your favour if you're a buyer.
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