If there is one thing that we will always need, it’s food. No matter what, as the world’s population grows we will only need more and more of it. So, that’s why today, we’re going to look at food stocks — companies that provide stellar growth for long-term holders and should sincerely be considered among your TSX investments.
Today, let’s look at why Nutrien (TSX:NTR) and Loblaw Companies (TSX:L) belong on that list.
Nutrien stock
Nutrien is a leading provider of crop inputs and services, operating through four segments: Retail, Potash, Nitrogen, and Phosphate. This diversified operation enables Nutrien to maintain a strong market presence in distributing crop nutrients, crop protection products, seeds, and merchandise products through its Retail segment.
Despite some fluctuations, Nutrien’s financial performance remains robust. In the first quarter of 2024, Nutrien reported net earnings of $165 million. It also…
