Q: Hello 5I Team
My question regards Agrium there is a small quarter position in an account for a retired family member. Currently the position is still up 6%. We have had the dividend go through. Reading through analyst reports and Agrium's business model we understand Potash to be an input cost. Overall AGU is trading at approx 9 times earnings.
While the position is small should we still take what profit we ca? Sit things out until global prices settle and then decide if we want to get back in?
Much appreciated in advance!
My question regards Agrium there is a small quarter position in an account for a retired family member. Currently the position is still up 6%. We have had the dividend go through. Reading through analyst reports and Agrium's business model we understand Potash to be an input cost. Overall AGU is trading at approx 9 times earnings.
While the position is small should we still take what profit we ca? Sit things out until global prices settle and then decide if we want to get back in?
Much appreciated in advance!