Q: Would you consider FMC a buy today or give it more time to show better momentum or would you prefer NTR.
5i Research Answer:
FMC is much smaller than NTR, and actually is more expensive on valuation. FMC's balance sheet is leveraged, and it had negative cash flow last year. It is not without potential, but we would much prefer NTR overall for safety and long term potential within the sector.