10 Best Agriculture Stocks to Buy According to Hedge Funds

3. Corteva, Inc. (NYSE:CTVA)

Number of Hedge Fund Holders: 45

Corteva, Inc. (NYSE:CTVA) provides seed and crop protection solutions, focusing on the agriculture industry and food supply. Its operations are divided into the Seed and Crop Protection segments. The Seed segment develops and supplies advanced germplasm and traits, producing yield for farms. The Crop Protection segment manages the global agricultural input industry, offering products for insects, weeds, pests, and disease protection.

In a report released on April 7, Laurence Alexander from Jefferies maintained a Buy rating on Corteva, Inc. (NYSE:CTVA) and set a price target of $72.00. The analyst based their favorable outlook on the stock’s attractive risk/reward profile, which reflects potential upside supported by improvements in R&D efficiency and cyclical recovery.

Corteva, Inc. (NYSE:CTVA) is also poised to benefit from an expansion in the total addressable market, driven by structural margin enhancements and regulatory changes. The analyst expects the company to continue its share buyback program and maintain a strong balance sheet, focusing on conservative cash management in the future.