Updating your Aggressive stocks: Nutrien, Restaurant Brands and Saputo

Article Excerpt

NUTRIEN LTD. $75 (www.nutrien.com) remains a buy. The company is the world’s largest producer of agricultural fertilizers. The stock shot up to $148 in April 2022 following Russia’s invasion of Ukraine, which caused a big spike in potash prices. However, the stock fell as potash markets stabilized and prices eased. Nutrien is now cutting its costs, which should lift its earnings in 2025 to $3.66 U.S. a share. The stock trades at just 14.3 times that forecast. As well, the annual dividend rate of $2.16 U.S. a share yields a high 4.1%—and looks safe. Nutrien is a buy. RESTAURANT BRANDS INTERNATIONAL INC. $87 (www.rbi.com) is a buy. This parent of Tim Hortons, Popeyes and Burger King plans to open more than 500 Firehouse Subs restaurants across Brazil in the next 10 years. It currently has over 1,300 Firehouse Subs outlets, mainly in the U.S., Canada and Puerto Rico as well as Switzerland, Mexico, the UAE and Albania. A Brazilian franchisee will operate the planned outlets, which cuts the risk…