|Day Low/High||15.93 / 16.24|
|52 Wk Low/High||13.33 / 20.74|
You can't live your life in fear as an investor, but you can take steps to protect yourself against the unforeseen.
This is not based on the pipe dream of water asset/land monetization, but whether shares get cheap enough as an operating company.
Green Brick Partners and Limoneira Co. offer reasons to buy their shares beyond the recent insider purchases of stock.
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.
It has been portfolio cleanup time, which means saying goodbye to some stocks and hello to others.
Make no mistake about it: I have fallen into the real estate value trap a time or two.
The ag stock takes a hit after a nice run-up and NL declines after a pullback in Kronos Worldwide, in which it holds a big stake.
One of the major assets that attracted me to the stock was the company's water rights.
Companies with water rights are often small and quirky, have been around for many decades, and yet are not well known among investors.
Farmland Partners has been on the downslope after a merger, while CPI Aerostructures and Limoneira are climbing higher.
The off-the-radar agribusiness name this week laid out for investment conference attendees its vast array of assets.
California's Limoneira and Argentina's Cresud aren't for investors who expect steady returns.
It can take years before purchases of REITs that invest in farmland yield fruit.
Some farming stocks that I wrote about recently have risen by as much a 54%.
Limoneira and AAC Corp. could tank if the uber-bear is correct.
Companies that own farmland look like good long-term plays.
Limoneira is the largest vertically integrated supplier of lemons in the U.S., and roughly 70% of Limoneira's customers are food services suppliers like Sysco and U.S. Foods.
California real estate and surging avocado sales are the keys to Limoneira's growth, says the company's CEO Harold Edwards.
TheStreet asked several CEOs to describe their outlook for their companies in 2013.
Several CEOs at the ICR XChange conference downplayed the effect of new health care requirements, but Jan Kniffen thinks the costs will be higher than they will admit.
Limoneira CEO Harold Edwards said that the enormous increase in people eating avocados has benefited the company.
Harold Edwards, CEO of Limoneira, says demand for the company's citrus products continues to grow and the summer droughts are not seriously affecting his output.
Long shots, nukes, fast food and presidential politics … it's all in there.
A major supplier of avocados in the U.S., the grower will benefit from the explosive popularity of Hispanic cuisine.