Agrium’s fertilizers promote growth…and earnings growth

Given the market’s continued choppy / consolidating sample (or perhaps worse), its makes sense to add a defensive stock or two, and one worth an evaluation is Agrium Inc. (NYSE: AGU).

Agrium is the No. 1 producer and seller of fertilizers for North America, including nitrogen, as well potash and phosphate products.

The company has an 8-million-ton nutrient production capacity,

but production is only half the equation: AGU additionally has more than 400 retail outlets in the U.S. and South America - the back-end side of the revenue equation.

Continue reading Agrium’s fertilizers promote growth…and earnings growth

Original post by Joseph Lazzaro

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