Food stocks outperform other sectors during slow economic times.
This particular stock has outperformed the market for 19 years despite the shorts who seem unable to escape for the past several years. High short position means buyers of the future.
This could be taken private if they keep piling on the cash.
Their nitrogen /urea business should be relatively steady this year.
Rain washes away nitrogen but less so potash and phosphorus.
So long as there is agriculture crop production on farms, this company should be good to go although ups and downs of corn/soy/wheat/rice/nuts/fruits prices will impact volume.
I like CF POT MOS AGU CALM AGCO for long term and never sell them.
I do add a bit more during down times like now. CNHI is also cheap now.