CF Industries Posting Strong Gains Today (CF)

Shares of CF Industries CF are seeing some buying pressure today, gaining 4.10% to $64.50. CF has been badly beaten up year-to-date, and is a name that bullish investors should take a look at. The company is very sensitive to the health of the global economy, and should significantly outperform the market during a rally. On the downside, however, CF is likely to get crushed if stocks continue to follow their near term trajectory. Therefore, use tight stop losses to mitigate a steep decline in the shares. Year-to-date, CF has fallen nearly 30%. Currently, the stock trades at a trailing P/E of 10.64, a forward P/E of just 8.05 and a very compelling PEG ratio of 0.54. CF Industries Holdings, Inc. (CF) is a manufacturer and distributor of nitrogen and phosphate fertilizer products in North America. The Company operates in two segments: the nitrogen segment and the phosphate segment.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Intraday UpdateMoversFertilizers & Agricultural ChemicalsMaterials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!