What are your thoughts on Agrium?
I'm looking more towards the short term, but a long term viewpoint would be useful as well.
Best Answer
CUWu answered one year ago …
Growth looks good, profit margins and return on equity are solid, but there's one thing on this company's financial statements that gets me a little nervous: Debt.
It's debt is 3 times the industry average and its interest coverage ratio is only 2.5 (industry average = 7).
Obviously not a deal breaker, but if you were looking for one significant piece of long-term risk to this business, then that's it.
Answers
mgspony answered one year ago …
I've made very good money on AGU for the last 4 months, both on the stock price and covered calls. I've been writing out of the money covered calls on this stock. Unfortunately it looks like it will be called away this month, but it's been a good run. You might consider this strategy.
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