Hey fellow!
Just a curious thing, so thought I'd ask. Any person who invests in fertilizer sector. And has a decent know how of it.
I'll give a background.
I live in Pakistan.
It's one of the biggest sector listed on our stock exchange. Since ours is a agriculturist country, so there is always a demand for fertilizer products. I have always been an investor ever since I started investing and gets decent gains and dividends on quarterly basis. So technically, so far so good for now !
But I always think the long term scope of such companies, would they grow, stagnate or some super – dooper innovative thing would disrupt them. What's the situation of such companies in yours region if you happen to have some knowledge.
Would love to exchange views ! Thankyou !
Fertilizer stocks: Long term growth or just a dividend trap?
byu/Formal_Stomach_01 instocks
Posted by Formal_Stomach_01
3 Comments
brother, its a good pick but its not a great pick right now. Orange man made every farmer panic going into the new year, so they all bought fertilizer early. the earnings were good across the sector, but the next big buy from farmers hasn’t happened yet. if you DCA, i would say its a good time to buy over the course of the summer, but hey, i bought a share of NTR and ENB pre summer and am down 6% in a week so what the fuck do i know
Trap
Trap. You would basically be buying the top right now lol