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Posted by
Two Blokes Jun 23 -
Filed in
Stock
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7 views
Nutrien peaked in 2022 during a strong agribusiness cycle, with high margins, bullish crop prices, and strong fundamentals that supported a stock price above $120. Today, fundamentals have weakened, but the company still generates value, with a 6.7% earnings yield and potential upside if positive surprises emerge. Valuation could justify a 100% gain if EPS rises to $15 and the market re-rates the stock with a higher multiple, especially given share buybacks.
