|Day Low/High||4.06 / 4.34|
|52 Wk Low/High||4.19 / 13.64|
California's Limoneira and Argentina's Cresud aren't for investors who expect steady returns.
The game just started, but several names in my portfolio have been off to the races since Election Day.
Some farming stocks that I wrote about recently have risen by as much a 54%.
Companies that own farmland look like good long-term plays.
The company looks like a value play if you can stand the volatility.
A number of names are severely mispriced at the moment. That's where you come in.
The S&P 500 nears the same level it was at one year ago, and I enter an Argentine farming name.
These two companies usually get hammered more than most when the market pulls back.
If you look at only financial statements and share price, these stocks shine.
As its government pushes to nationalize industry, stocks lose their margin of safety.
Valid reasons exist for ridding your value portfolio of a few stocks, plus you'll make room for new ones.
Long shots, nukes, fast food and presidential politics … it's all in there.
In time, CRESY's income potential and asset appreciation will produce a bountiful harvest for investors.
This asset-rich, Argentine farming giant owns real estate assets, which adds to its allure.