Time to Revisit the Farm
All things agricultural have treated investors very nicely over the past couple of years. The fundamental argument that food supply continues to tighten relative to the global population needs is a hard fact to argue with. As a result, strong crop prices have boosted farmers' profits, which, in turn has created value for investors in fertilizer companies, seed businesses and agricultural equipment companies. Deere (DE) shares have recovered from the recession and then some. The fertilizer giant CF Industries (CF) is trading at $162, significantly above its pre-recession value.
Despite continued profit growth, shares in the Argentine agricultural company Cresud (CRESY) have slipped back to $12.50 a share from a high of $20. Cresud is an incredibly unique business that, if understood properly, is a collection of assets that offers immense value in any possible economic scenario. Investors would be well served to take a closer look at this business since it offers a lot of upside potential. In the meantime, I'll reintroduce you to its potential....489 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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