2 Top TSX Food Stocks: What to Watch in July
2 Top TSX Food Stocks: What to Watch in July
Despite some fluctuations, Nutrien's financial performance remains robust. In the first quarter of 2024, Nutrien reported net earnings of $165 million. It also reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.055 billion.
If there is one thing that we will always need, itâs food. No matter what, as the worldâs population grows we will only need more and more of it. So, thatâs why today, weâre going to look at food stocks — companies that provide stellar growth for long-term holders and should sincerely be considered among your TSX investments.
作爲全球人口不斷增長的情況下，糧食是我們永遠需要的一件事情。在這種情況下，股票市場提供了爲期長期的股票，給想要參與TSX投資的人們提供了吸引力的投資選擇。
Today, letâs look at why Nutrien (TSX:NTR) and Loblaw Companies (TSX:L) belong on that list.
今天，讓我們來看看Nutrien(TSX:NTR)和Loblaw Companies(TSX:L)爲什麼值得入選。
Nutrien stock
Nutrien股票
Nutrien is a leading provider of crop inputs and services, operating through four segments: Retail, Potash, Nitrogen, and Phosphate. This diversified operation enables Nutrien to maintain a strong market presence in distributing crop nutrients, crop protection products, seeds, and merchandise products through its Retail segment.
Nutrien是農作物輸入和服務的領先公司，通過零售、鉀肥、氮肥和磷酸鹽四個業務板塊開展業務。這種多元化的業務使Nutrien能夠在通過零售板塊分銷農作物養分、農作物保護產品、種子和商品產品等方面保持強大的市場存在力。
Despite some fluctuations, Nutrien's financial performance remains robust. In the first quarter of 2024, Nutrien reported net earnings of $165 million. It also reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.055 billion.
儘管存在一些波動，Nutrien的財務表現仍然強勁。2024年第一季度，Nutrien報告了16500萬美元的淨收益。它還報告了約10.55億美元的息稅前折舊及攤銷前利潤(EBITDA)。
While these figures were lower compared to the same period in 2023, primarily due to decreased fertilizer prices, there were notable increases in retail earnings and higher fertilizer sales volumes. This financial resilience, combined with strong demand for crop nutrients and protection products, underscores Nutrien's ability to adapt and thrive in varying market conditions.
儘管由於肥料價格下降，這些數據相對於2023年同期有所下降，但零售收益有明顯增長，肥料銷售量也有所增加。這種財務韌性，加上對農作物養分和保護產品強勁需求，突顯了Nutrien在不同市場條件下適應並繁榮的能力。
As the world transitions towards sustainable agricultural practices, Nutrien's emphasis on sustainability and efficient crop solutions positions it favourably within the industry. The company's strategic initiatives and strong financials make it a compelling investment choice in the agricultural sector.
隨着世界向可持續的農業實踐過渡，Nutrien對可持續性和高效農作物解決方案的重視使其在行業內處於有利地位。公司的戰略舉措和強大的財務狀況，使其成爲農業板塊中引人注目的投資選擇。
Nutrien offers a competitive dividend yield of 4.09%, providing a reliable income stream for investors. The company declared a quarterly dividend of US$0.54 per share, payable on July 19, 2024. Additionally, Nutrien has announced a share-repurchase program, further demonstrating its commitment to returning value to shareholders. For all these reasons, it certainly deserves consideration.
Nutrien提供4.09%的有競爭力的股息收益率，爲投資者提供可靠的收入來源。公司宣佈每股派發0.54美元的季度股息，於2024年7月19日支付。此外，Nutrien還宣佈了股票回購計劃，進一步表明其致力於向股東返回價值。出於所有這些原因，Nutrien絕對值得考慮。
Loblaw stock
Loblaw股票
Loblaw stock stands out as a robust investment choice due to its strong financial performance, consistent dividend growth, significant strategic investments, and market leadership. The company's continued focus on innovation and customer value, coupled with positive analyst outlooks, makes Loblaw a compelling addition to any investment portfolio.
Loblaw的股票由於其強勁的財務表現、不斷增長的股息、顯著的戰略投資以及市場領導地位而脫穎而出。公司繼續專注於創新和客戶價值，以及積極的分析師前景，使Loblaw成爲任何投資組合的引人注目的補充。
Loblaw maintains its position as Canadaâs largest retailer and private sector employer, operating a vast network of 2,500 stores. The company continues to innovate with its popular private label brands and personalized PC Optimum offers, which have driven customer loyalty and higher store traffic. Additionally, Loblawâs commitment to reducing internal inflation and offering everyday value to customers strengthens its market position.
Loblaw保持着加拿大最大的零售商和私營部門僱主的地位，經營着一個龐大的2500家門店網絡。公司繼續通過其受歡迎的專用品牌和個性化PC Optimum優惠推動客戶忠誠度和更高的門店流量的創新。此外，Loblaw利用內部通貨膨脹率下降和提供日常價值的承諾，加強了其市場地位。
Loblaw began 2024 with impressive financial results. In the first quarter, the company reported revenue of $13.58 billion, a 4.5% increase from the previous year. This growth was driven by higher store traffic, market share gains in food retail, and increased e-commerce sales by 16.1%. The companyâs adjusted EBITDA rose by 6.6% to $1.544 billion, and net earnings available to common shareholders increased by 9.8% to $459 million.
Loblaw在2024年初取得了出色的財務業績。第一季度，公司報告了135.8億加元的營業收入，同比增長4.5%。這種增長是由門店流量的增加、食品零售市場份額的增長以及電子商務銷售的16.1%增長所推動的。公司的調整後息稅折舊及攤銷前利潤(EBITDA)增長了6.6%，至15.44億加元，普通股股東可獲得的淨收益增長了9.8%，至45900萬加元。
Loblaw is committed to significant investments in the Canadian economy, with plans to invest over $2 billion in 2024. These investments are expected to create over 7,500 jobs, open more than 40 new stores, and expand healthcare services by introducing 140 new pharmacy care clinics across the country. Such strategic initiatives are aimed at enhancing the companyâs store network and improving accessibility to affordable food and healthcare services.
Loblaw致力於在加拿大經濟中進行重大投資，計劃在2024年投資超過20億加元。這些投資預計將創造7500多個就業機會，開設40多家新店，並通過在全國引入140個新的藥房護理診所擴大醫療保健服務。這些戰略舉措旨在增強公司的門店網絡和改善人們購買負擔得起的食品和醫療保健服務的便捷性。
Bottom line
最後了結
When it comes to investments, food is perhaps one of the easiest choices. And when it comes to food stocks, these two have strength behind and ahead of them. So, consider Nutrien stock and Loblaw stock today.
當涉及到投資時，食品可能是最容易的選擇之一。而當涉及到食品股票時，這兩隻股票都有強大的支撐和前景。所以，今天就選Nutrien和Loblaw股票吧。
The post 2 Top TSX Food Stocks: What to Watch in July appeared first on The Motley Fool Canada.
2 Top TSX Food Stocks: What to Watch in July的文章已發佈在The Motley Fool Canada上。