Kenya investors don’t seem to like agriculture stocks, and I’m not sure I understand why. Almost all of them presently trade for a fraction of their book value and less than seven times their trailing earnings.
Granted, agricultural stocks do have their risks. But with the globe’s population growing and arable land becoming more scarce, I think the market’s pessimism is overdone.
Here are five agricultural stocks that put food on the table, and, possibly, profits in investors’ pockets.