Q: I am looking for a stock for my TFSA and am thinking about either Nutrien or Thompson Reuters. I am retired and not likely to need this money for many years, if ever.
Ntr has a pretty ugly chart with lower lows and lower highs for the last year, but a pretty good dividend. It might appear to be bottoming at around $60. They also seem to be rather wedded to their old production technologies and are not putting much into R&D (unlike some competitors), which causes me some concern, though it is perhaps offset by tremendous change taking place on their retail side .
TRI seems to only go up, but has only half the yield. They've certainly made a lot of changes in the last couple of years.
Recognizing that they are very different businesses, which would you prefer to own and why?
Ntr has a pretty ugly chart with lower lows and lower highs for the last year, but a pretty good dividend. It might appear to be bottoming at around $60. They also seem to be rather wedded to their old production technologies and are not putting much into R&D (unlike some competitors), which causes me some concern, though it is perhaps offset by tremendous change taking place on their retail side .
TRI seems to only go up, but has only half the yield. They've certainly made a lot of changes in the last couple of years.
Recognizing that they are very different businesses, which would you prefer to own and why?