Nutrien: Strong Long-Term Dividend Stock

Financial Blogger/Operations Supervisor • Aug 22, 2019 at 9:17 PM EDT

Nutrien has multiple long-term growth catalysts in their favor. The Ag industry is about at the bottom the cycle with plenty of potential upside ahead. Nutrien's stock is trading at reasonable valuation levels, which allows for price appreciation.

Nutrien (NTR) is sitting in a good place right now as the company believes that we are at the bottom of the Ag industry business cycle. The company strongly feels that there is more upside than downside for their business from here.

Sure the company faced headwinds in the first half of this year with poor weather conditions for growers. However, there are multiple positive growth catalysts that can help drive strong results for Nutrien for multiple decades. The stock's reasonable valuation leaves room for price appreciation as Nutrien continues to grow revenue and earnings.

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https://seekingalpha.com/article/4287382-nutrien-strong-long-term-dividend-stock

Disclaimer:

The article is for informational purposes only (not a solicitation to buy or sell stocks). David is not a registered investment adviser. Kirk Spano is an RIA. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.

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