5 Most Profitable Canadian Stocks

In this piece, we will take a look at the five most profitable Canadian stocks. For more great Canadian stocks, head on over to 11 Most Profitable Canadian Stocks.

5. Nutrien Ltd. (NYSE:NTR)

Trailing Twelve Months Net Income: $7.7 billion

Number of Hedge Fund Holders In Q3 2022: 52

Nutrien Ltd. (NYSE:NTR) is an agricultural company that is based in Saskatoon, Canada. It provides fertilizers and seeds through close to two thousand stores located in the U.S., Canada, Australia, and other countries.

Nutrien Ltd. (NYSE:NTR) is an agricultural company that is using high technology to improve its fertilizer production. The firm uses 4G solutions from Ericsson to monitor its production facilities. 52 of the 920 hedge funds polled by Insider Monkey had owned a stake in the company during Q3 2022.

Nutrien Ltd. (NYSE:NTR)’s largest investor is Jean-Marie Eveillard’s First Eagle Investment Management which owns 8.5 million shares that are worth $622 million.