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Finance

What Investors Should Know About Organic Fertilizer Stocks

On Dec. 9, the CDFA (California Department of Food & Agriculture) put a stop use notice on one particular type of organic fertilizer. The brand is called Agro Gold WS. 

Agro Gold WS has been contaminated by conventional and non-organic herbicides. As a result, the product doesn’t comply with the USDA National Organic Program. While Agro Gold WS is just one type of organic fertilizer, it’s a great example of what the industry is up against. Whether or not you should bite on organic fertilizer stocks depends on your time horizon, risk tolerance, and other factors.

Organic fertilizer stocks to know about

If you want to invest in organic fertilizers, keep in mind that there’s a collection of companies that lead the segment in terms of revenue and growth.

One of these companies is Tata Chemicals Limited, which goes by the ticker symbol “TATACHEM” on the NSE — an Indian Exchange. Tata crashed hard in early March. Since then, the stock has grown about 146 percent.

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Coromandel International Ltd also trades on the NSE under the ticker symbol “COROMANDEL.” The fluctuations are high, but long-term growth is likely. Scotts Miracle-Gro has done well in 2020. The stock weathered the market crash and came out nearly 86 percent in the green since Jan. 2.

If you’re looking for a domestic stock, Scotts Miracle-Gro Co. trades under “SMG” on the NYSE. 

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View more information: https://marketrealist.com/p/organic-fertilizer-stocks/

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