Gas scarcity in Europe coupled with the inflation pressure pushes fertilizers prices up.
Perhaps this is the right moment to pay attention to German K+S stocks. It has been under pressure caused by huge debt and low profitability issues.
Sale of “Morton Salt” fixed the debt issue. Rising commodities prices makes the company an interesting play with large operating leverage.
Besides being one of the cheapest fertilizer companies across the Globe (see the table above) K+S stocks has gained impressive technical momentum, which draws investors’ attention to the company.
K+S stock price (Bloomberg)
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