commodity
Discover how to navigate FOREX trading risks, avoid costly speculation, and embrace a diversified investment strategy for more stable long-term gains.
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in November 2024:
“Note: The views of Robert Francis Kennedy Jr. (better known as RFK Jr.) make up a large part of references in this letter to the quality of the food, health and medical industries in the U.S....
“Note: The views of Robert Francis Kennedy Jr. (better known as RFK Jr.) make up a large part of references in this letter to the quality of the food, health and medical industries in the U.S....
A: Bunge Global SA, $81.62, symbol BG on New York (Shares outstanding: 139.6 million; Market cap: $11.4 billion; www.bunge.com), is a leading global agribusiness and food company.
The company is a leader in its industry on several fronts: it processes oilseed, such as soybeans, and produces and sells vegetable oils and proteins; it processes grains; and it also produces and sells wheat flours, bakery mixes, and corn-based products across North and South America.
In Brazil, Bunge also produces sugar and ethanol through its 50% interest in BP Bunge Bioenergia, a joint venture with oil and gas giant BP plc.
In October 2023, Bunge’s shareholders voted to change the company’s place of incorporation and residence from Bermuda to Switzerland.
The company now operates through three segments: Agribusiness, Refined and Specialty Oils, and Milling.
The Agribusiness segment buys, stores, transports, processes, and sells agricultural commodities and commodity products....
The company is a leader in its industry on several fronts: it processes oilseed, such as soybeans, and produces and sells vegetable oils and proteins; it processes grains; and it also produces and sells wheat flours, bakery mixes, and corn-based products across North and South America.
In Brazil, Bunge also produces sugar and ethanol through its 50% interest in BP Bunge Bioenergia, a joint venture with oil and gas giant BP plc.
In October 2023, Bunge’s shareholders voted to change the company’s place of incorporation and residence from Bermuda to Switzerland.
The company now operates through three segments: Agribusiness, Refined and Specialty Oils, and Milling.
The Agribusiness segment buys, stores, transports, processes, and sells agricultural commodities and commodity products....
iShares MSCI Germany Fund & Australia ETF are two top low-fee ETFs with exposure to two very different economies.
Finning supplies Caterpillar heavy equipment and support services to resources companies, so its revenues tend to move up and down with commodity prices.
To offset that cyclical risk, the company typically signs long-term support contracts when it sells new equipment, which gives its predictable revenue streams....
Finning International maintains its dominant market position with a recession-proof revenue mix thanks to 56% of sales now coming from service operations.
Valmont Industries continues to deploy AI into growth areas like utilities, irrigation, and 5G.
Major Drilling Group ‘s rock-solid balance sheet provides stability while its strategic investments and geographic diversification position the firm for the future.
We think foreign stocks can safely make up 10% of a conservative investor’s portfolio. One way is through exchange traded funds (ETFs) with an overseas focus. The best of those ETFs charge you very low management fees yet offer you well-diversified, tax-efficient portfolios of high-quality stocks.
Here’s a look at four international ETFs we see as suitable for new buying and two others we feel you should continue to hold.
ISHARES MSCI EMERGING MARKETS ETF, $44.79, is a buy for aggressive investors. The fund (New York symbol EEM; buy or sell through brokers) is designed to track the MSCI Emerging Markets Index; it gives you access to some of the world’s fastest growing markets.
The ETF’s geographic breakdown is as follows: China, 27.3%; Taiwan, 19.0%; India, 18.8%; South Korea, 10.0%; Brazil, 4.8%; Saudi Arabia, 3.9%; South Africa, 3.2%; Mexico, 1.9%; Indonesia, 1.6%; Thailand, 1.5%; and Malaysia, 1.4%.
Your biggest stock exposure through the fund is Taiwan Semiconductor (computer chips) at 9.9% of assets; Tencent Holdings (China: Internet), 4.4%; Samsung Electronics (South Korea), 2.5%; Alibaba (China: e-commerce), 2.3%; Meituan Dianping (China: group buying/food delivery), 1.5%; Reliance Industries (India: conglomerate), 1.2%; HDFC Bank (India), 1.1%; and PDD Holdings (China: retail), 1.1%.
iShares launched the ETF on April 7, 2003....
Here’s a look at four international ETFs we see as suitable for new buying and two others we feel you should continue to hold.
ISHARES MSCI EMERGING MARKETS ETF, $44.79, is a buy for aggressive investors. The fund (New York symbol EEM; buy or sell through brokers) is designed to track the MSCI Emerging Markets Index; it gives you access to some of the world’s fastest growing markets.
The ETF’s geographic breakdown is as follows: China, 27.3%; Taiwan, 19.0%; India, 18.8%; South Korea, 10.0%; Brazil, 4.8%; Saudi Arabia, 3.9%; South Africa, 3.2%; Mexico, 1.9%; Indonesia, 1.6%; Thailand, 1.5%; and Malaysia, 1.4%.
Your biggest stock exposure through the fund is Taiwan Semiconductor (computer chips) at 9.9% of assets; Tencent Holdings (China: Internet), 4.4%; Samsung Electronics (South Korea), 2.5%; Alibaba (China: e-commerce), 2.3%; Meituan Dianping (China: group buying/food delivery), 1.5%; Reliance Industries (India: conglomerate), 1.2%; HDFC Bank (India), 1.1%; and PDD Holdings (China: retail), 1.1%.
iShares launched the ETF on April 7, 2003....
Nutrien’s stock offers a high 4.4% yield as it manages low prices with cost cutting and renewed share buybacks – the shares remain attractively priced.