Published on 24 Mar 2024 on Insider Monkey via Yahoo Finance
In this piece, we will take a look at the 11 best fertilizer stocks to buy according to analysts. If you want to skip our overview of the global fertilizer industry, then you can take a look at the 5 Best Fertilizer Stocks To Buy According To Analysts.
The fertilizer industry can very well be said to be one of the oldest in the world. The ability of human beings to thrive as a species is linked to collective farming, as the first civilizations were made of people able to coalesce around rivers and other sources of water to grow crops. Since then, the sector has enjoyed the benefits of humanity's progress and grown considerably in volume and value.
Fertilizer stocks are typically classified as firms that provide agricultural inputs to farmers. This broader category also includes pesticides, which are chemicals that help plants fight off attacks against external and internal elements like diseases and insects. At the heart of the global fertilizer industry and stocks is the element Nitrogen, as it makes up some of the most commonly used fertilizers in the world, such as ammonia and urea.