All of the stocks in the agriculture industry group rallied this week, with CF Industries (CF) posting the highest-possible 99 Composite Rating.
Summary
Competitors in the agrochemical industry group are showing signs of accumulation as well with ICL Group (ICL), Mosaic (MOS) and Nutrien (NTR) gaining over the past few days.
Agriculture Chemical Stocks
CF Industries (CF), Mosaic (MOS) and Nutrien (NTR) are bullish. Sales and earnings are surging higher.
CF Industries earned a 99 Composite Rating, bolstered by strong earnings and price performance. In addition, institutions are accumulating shares of the stock, with its Accumulation-Distribution Rating coming in at a A+.
Analysts are estimating strong earnings growth, with estimates forecasts near 97% in 2022.
LSB Industries – Agriculture Fertilizer Stocks
Oklahoma City based LSB Industries (LXU) also shows signs of breaking out of this descending channel with its RS line rising to 99.
Analysts are forecsasting the company will swing to a profit in 2022 as potash resources dwindle.
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