CF Industries Holdings, Inc. (NYSE:CF) is among the stocks in focus as Jim Cramer reviewed the S&P 500’s top performers and the Nasdaq 100’s biggest laggards for the first quarter. Cramer highlighted the reasons for the stock’s price action, as he commented:
The seventh best performer in the S&P was CF Industries, up nearly 68%, which makes some of the key inputs for fertilizer. Even before the war, we had the beginning of a bull market in agriculture. Then, when the Persian Gulf got blocked off, we realized there would be a fertilizer shortage. Now, that’s bad for just about everybody, including you, because the food price is going to go up. But it’s terrific for CF Industries and its compadres. Not that many of them, though.
A stock market data. Photo by AlphaTradeZone on Pexels
CF Industries Holdings, Inc. (NYSE:CF) produces ammonia and nitrogen products like granular urea and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, and nitric acid.
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