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.
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