Has anyone taken part in these moves lately? Russia is the leading supplier of potash and other fertilizer ingredients, and also Europe relies on natural gas for its own manufacture of fertilizer, which Russia also supplies. Plus, you have general macro wind in the sails where commodities are rising at the end of a tech bull market.
MOS, NTR, CF, IPI, SQM, LXU… they have all been exploding lately. I may be missing some.
Anyone have opinions on how much gas is left in these tanks? Most have had good recent earnings and strong guidance.
Full disclosure I am long LXU CF IPI and SQM.
Leave a Reply