CTVA Stock Recent News

While President Joe Biden might not approve of this message, it may be time for investors to consider safe stocks to buy. Safety? In this environment?

The latest trading day saw Corteva, Inc. (CTVA) settling at $48.63, representing a +0.45% change from its previous close.

While publicly traded securities that benefit from significant upside potential usually carry a higher-risk profile, with high-growth S&P 500 stocks, you can almost get the best of both worlds. To be fair, we need to set some expectations.

If you have your finger on the geopolitical pulse, your next best move could potentially be to target agriculture or Ag stocks. Why? Fundamentally, the underlying ag stocks industry responds to supply and demand.

Corteva is a major global producer of seeds and crop protection, with a focus on innovation and market share gains. The company's Enlist E3 soybean, which addresses key industry issues, has captured over half of the soybean market in the US. Despite recent hurdles, CTVA is positioned well for growth in the future, with a fair stock price of $75 and a potential upside of close to 50%.

Fertilizer prices rose in 2022 due to the war in Ukraine, causing a shortage and stress in securing supplies. Corteva, a major supplier of fertilizers, saw rapid earnings growth in 2022. CTVA is viewed as a strong buy due to the demand for fertilizers to ensure ample food supplies.

Corteva, Inc. (NYSE:CTVA ) Morgan Stanley's 11th Annual Laguna Conference Call September 12, 2023 2:40 PM ET Company Participants Chuck Magro - Chief Executive Officer Dave Anderson - Executive Vice President and Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Vincent Andrews Hi it's Vincent Andrews, Morgan Stanley Chemicals and Agricultural analyst and welcome back. We're happy to have Corteva with us and we have CEO, Chuck Magro and CFO Dave Anderson with us.

Corteva, Inc. had a solid quarter with margin expansion, making it a good investment opportunity in the fertilizers and agricultural industry. The company has a shareholder-friendly approach, with a significant portion of free cash flow going towards buybacks, making it attractive for investors. Despite challenges in the sector, CTVA has managed to grow well and provide stability, making it worth the premium it's trading at.

It's been more than a half century since humanity first learned to genetically modify organisms. While we're still learning new things every day about it, synthetic biology has now become commonplace in a multitude of industries.

Investors looking for stocks in the Agriculture - Operations sector might want to consider either Dole (DOLE) or Corteva, Inc. (CTVA). But which of these two stocks presents investors with the better value opportunity right now?