David Burrows
Terra Industries Inc.
TRA-N
TOP PICK
Jun 22, 2007
Agriculture. Great consolidation and has broken out to the upside with increased estimates on the street. This company is a leading the group, both from a technical and fundamental standpoint.
98% of revenue is from nitrogen. In a cycle where agricultural products are going to see more pricing power. Stronger demand for protein products will come from Asia. Also growing demand for ethanol in the US.
A fertilizer company. Will possibly be taken out at some time. Strong demand for fertilizer due to global warming concerns. There is a cyclical weakness for nitrogen during the summer.
(A Top Pick Apr 24/07. Up 136%.) Has been focused on the agricultural space for about 3 years. This area continues to be a market leader. Expect this will continue going higher.
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