#4 - CF Industries (NYSE:CF)
If you’re an investor who is focused on the idea of sustainable agriculture, CF industries (NYSE:CF) is one to look at. The company is staked in the clean energy sector and manufactures and sells nitrogen and hydrogen products, including fertilizers used in agriculture. In fact, the company is one of the leading global suppliers of nitrogenous fertilizer and related products.
Fertilizer demand was up early in 2022, and that’s been the catalyst for CF stock which is up 41% for the year as of September 28, 2022. And CF stock was up 67% for the year before giving up some of those gains along with the broader market.
CF stock is trading at an appealing P/E ratio of just over 8x. Revenue and earnings growth is expected to decline over the next five years. However, it’s still supposed to be over pre-pandemic levels through 2024. That should easily allow the company to support a dividend.
About CF Industries
CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.
Read More - Current Price
- $89.79
- Consensus Rating
- Hold
- Ratings Breakdown
- 5 Buy Ratings, 5 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $88.42 (1.5% Downside)
