Fertiliser business IPL is also in the right market segment in our opinion as food prices soar, again the $7.5bn business is fairly cheap trading on an Est 7.3x valuation for 2022 while it also generates enough money to pay a 3.5% yield over the coming 12-months. As global miners such as BHP Group (BHP) look to restructure their businesses away from fossil fuels we could easily see IPL residing on someone’s menu.
scroll
Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
Close
Performance for February & 4 stocks we like here and now
Close
Thursday 28th March – DOW up +477pts, SPI up +60pts
Close
MM likes IPL under $4
Add To Hit List
Relevant suggested news and content from the site
Podcast
LISTEN
Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
Daily Podcast Direct from the Desk
Video
WATCH
Performance for February & 4 stocks we like here and now
Recorder Friday 8th March
Podcast
LISTEN
Thursday 28th March – DOW up +477pts, SPI up +60pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.