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$5.90 0.61 (11.53%)
11/21/2008 4:00 PM

Cresud, Inc. (ADR) (CRESY)

CAPS Rating:
*****

An Argentine producer of basic agricultural products involved in various operations and activities including crop production, cattle rising and fattening, milk production, cattle feeding operation and certain forestry activities.

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Avatar sfweller (< 20) Submitted: 9/24/08 5:36 PM : Outperform Start Price: $10.90 CRESY Score: -9.32

Farmland is going to be increasingly valuable, even in a politically unstable region. The farmland owned by the company is already deeply discounted compared to the US (about 10% of the value). As the world's population keeps growing and arable land remains constant or shrinks, this will get very valuable.

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