Originally posted by Oliver88
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I wouldn’t touch natural gas yet, producers have a surplus, pipelines are full, and oil focussed wells are just flaring the gas (burning it up) so they don’t have to deal with it. This is US too. Chesapeake heading for bankruptcy.
I also wouldn’t touch any farm equipment manufacturer at this time, but that’s just me.
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I own NTR on that list and think it will do well this winter. Unlike CWRS, corn prices are actually higher than last year. Some US farmers are harvesting a good crop of corn right now and others are collecting lavish insurance money. Combine that with MFP payments and higher milk prices and the US farmer for the most part is sitting good. There are a few exceptions though. So fertilizer will be bought for a larger corn plantings in spring of 2020. Machinery manufacturing could be good going into 2020 for the same reason. 2020 will in canuckistan witness the disappearance of the pulse industry needing more fertilizer for wheat, barley, oats and canola which will all be up in 20. Food processing is generally a dud as far as profitability is concerned but I recently picked up RSI because the dividend works for me. A&W restaurant royalties may also be worth a look.
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Originally posted by ajl View PostFood processing is generally a dud as far as profitability is concerned but I recently picked up RSI because the dividend works for me.
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