Growing Your Profits
Farmers can’t wait to grow more high-priced wheat, corn, and soybeans. But since farmers don’t issue public shares, how do you invest in a sector where profits are zooming?
Simple. Invest in the enablers. For example, John Deere (a major manufacturer of farm machinery) has benefited from the high price of grain crops. So have fertilizer companies. Many of them have already gone up 100 or 200 percent and more. Grain prices should remain high for at least two more years. That’s the minimum amount of time you could stick with these stocks.
[Ed. Note: ETR’s Investment Director, Andrew Gordon, is the editor of INCOME, a monthly financial advisory service that uncovers income-generating stocks that promise safety (first and foremost), along with much-higher-than-average profit potential.]