Sa For Fas
The Asset Allocator: Some Cash For Potash, And Other Boring Products
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:07:56
- More information
Informações:
Synopsis
My search for investments that could stand up to a bear market continues, and has led me to Israel Chemicals (ICL), a boring but cheap conglomerate. The company reported substantial year-over-year gains at the start of this year, but its stock’s share price has fallen substantially since then. This podcast (7:55) conjectures that the market may be typecasting ICL as a potash company. Yet ICL is more profitable, more diversified and offers greater value-add than some of its peers.Learn more about your ad choices. Visit megaphone.fm/adchoices