5 Most Profitable Growth Stocks Now

2. Nutrien Ltd. (NYSE:NTR)

Net Income (TTM) as of March 17, 2023: $7.66 billion

Nutrien Ltd. (NYSE:NTR) is a fertilizer company based in Canada. The company engages in the production and distribution of nitrogen, potash, and phosphate products for industrial, agricultural, and feed customers. Additionally, the company offers services to growers directly through a network of farm centers in South America, North America, and Australia.

Joshua Spector, an analyst at UBS, keeps a price target of $103 on Nutrien Ltd. (NYSE:NTR) with a Buy rating on the company’s shares. The analyst believes that the springtime seasonal peak in demand will boost prices and serve as an upside driver.