CF Industries Holdings, Inc. (CF) manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide.
Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products.
The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.
It primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users.
As the war in Ukraine continues, shares of this stock are heading higher as the war prevents Russia and Ukraine from exporting fertilizer. Both countries are top producers of fertilizer.
The Company reports on May 27th. On February 15th, Cf Industries reported Quarter December 2021 earnings of $3.71 per share on revenue of $2.5 billion. The consensus earnings estimate was $3.41 per share on revenue of $2.5 billion. Revenue grew 130.5% on a year-over-year basis. We expect shares to breakout of their bullish "double bottom" formation.
Entry Point: $102.00
Trading Range: $43.185 to $113.49
Stop Loss: $97.00
Target Price: $112.70