These current holdings aim to give you more

Article Excerpt

NUTRIEN LTD. $61 is a buy for investors. The stock (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 572.9 million; Market cap: $34.9 billion; Price-to-sales ratio: 1.8; Dividend yield: 3.9%; TSINetwork Rating: Average; lets you tap the world’s largest producer of agricultural fertilizers, shipping about 27 million tonnes annually. Nutrien took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival fertilizer producer Potash Corp. of Saskatchewan (old symbol POT). Potash Corp. shareholders received 0.40 shares in Nutrien for each POT share they held; Agrium investors received 2.23 shares for each AGU share. Despite the end of the CN strike (see page 6), Nutrien still plans to shut down its potash mine in Rocanville, Saskatchewan, for two weeks starting December 2, 2019. That will nonetheless benefit investors by giving Nutrien time to clear its backlog and by also helping support potash prices. EMERA INC. $55 is a buy. Through their shares, investors gain exposure to a company (Toronto symbol EMA;…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.