One key benefit of holding commodity stocks is their ability to offset the inflation investors experience in their daily lives. For instance, energy stocks have been on a tear as the pandemic has receded and in the wake of Russia's invasion of Ukraine. So, holding those stocks in your portfolio would have helped offset the pain we're all feeling at the pump.
Another concern these days is food prices. In the wake of Russia's invasion, food prices are up 8.8% over the past year, even higher than the headline 8.5% inflation number reported last week, with "food at home" prices up 10% and "food away from home" prices up by 6.9%.
Looking to offset some of those costs in your portfolio? Here's why CF Industries (NYSE: CF) may be the ticket.
For further details see:
Worried About Food Inflation? This Booming Stock Can Hedge This Risk