|Day Low/High||34.69 / 35.64|
|52 Wk Low/High||26.55 / 38.58|
It doesn't hurt that Bill Gates has been buying up acres of farmland, though not all owners of agricultural land are seeing their shares do great.
The stocks of these agricultural companies are down to levels not seen in a decade if ever, but now may not be the time to invest in them.
Alico Inc.'s largest shareholder is distributing its shares to its members, which could lead to a supply glut that depresses the stock and makes it a value buy.
Some farming stocks that I wrote about recently have risen by as much a 54%.
A recent 40% drop means the stock is almost ripe as a value play.
A breakdown below $35 would open the doors to the $30 to $35 area in the weeks and months ahead.
This group is most likely to present market inefficiencies that you can exploit.
Long shots, nukes, fast food and presidential politics … it's all in there.
Weakness in real estate pricing has created bargains in related securities.