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It seemed last year that fertilizer giant Nutrien TSX:NTR has bright prospects amid rising geopolitical tension stanley cup s. Economic sanctions on Belarus and Russia made fertilizer supplies tight, which ultimately led to a focus on Nutrien. However, the stock has been on a signif stanley tumbler icant downtrend and has lost 35% since last year. What s next for Nutrien stock While demand and supply remain in favour of Nutrien, the company has seen margin contraction in the last three quarters. There has been a decline in operating margin from 35% in the second quarter Q2 of 2022 to 24% in Q4 2022. Plus, there has been some price moderation in key fertilizers in the last few months, which has also weighed on NTR stock. However, it looks well placed on a stanley cup valuation front and could see a recovery later this year.Nutrien is a $49 billion vertically integrated fertilizer manufacturing company. It produces nitrogen, potash, and phosphate, along with operations in retail in seven countries. Among peers, it has a comp Padt How Have Canada s Alternative Lenders Performed
Air Canada TSX:AC TSX:AC.B stock soared 5% on Monday following the release of its solid first-quarter earnings, which shined despite the grounding of Air Canada 聽Boeing聽737 Max aircraft a nationwide order that was expected to weigh on the company earnings.Even after Air Canada post-earnings pop, the stock still appears severely undervalued given the fundamental improvements that have been made over the past few years.At the time of writing, Air Canada stock trades at 10 times next year expected earnings and just 0.5 times sales. That pretty darn cheap given Air Canada upward trajectory.Sure, the airline industry is fickle, and you probably don ;t want your portfolio to be overweight such cyclical names in the latter stages of a market cycle, but as someone wise once said, at a certain pr water bottle stanley ice, stanley quencher every stock becomes a buy. And at today levels, I still think Air Canada is priced at a considera stanley nz ble discount to its intrinsic |
