STOCKS TO WATCH The Hot Stock: CF Industries Gains 6.6%
Upgrades for fellow fertilizer firms helped propel the stock.
ByTeresa Rivas July 10, 2017 4:52 p.m. ET
CF Industries (CF) rose to the top of the S&P 500 today, helped by overall bullishness in the fertilizer sector.
ILLUSTRATION: PIXABAY
CF Industries climbed $1.83 cents, or 6.6%, to $29.72, while the S&P 500 gained 2.25 point,s or 0.09%, to 2427.43.
CF wasn't the only agriculture name that was up, as the whole sector rose; the VanEck Vectors Agribusiness ETF (MOO) closed up 0.8%, and the second highest gainer in the S&P 500 today was Mosaic (MOS).
The bullishness came from Scotia, which upgraded both Agrium (AGU) and Potash (POT) to Outperform from Market Perform.
CF Industries was the best performer in the index back in November as well.