Why I'm Buying More CVR Partners
Nitrogen fertilizer producer CVR Partners just cannot catch a break lately. It was pushed aside during Carl Icahn's takeover bid for parent CVR Energy last year. A biannual turnaround at its sole facility at the end of 2012 pushed down onstream factors on its production lines and made sales, income, and dividend distributions appear weak, albeit artificially. And although a recent divestment from one of its holding companies seemed to spook investors earlier this spring, the number of shares outstanding was not affected. In the following video, Fool.com contributor Maxx Chatsko explains why he's adding to his personal position in the company.
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The article Why I'm Buying More CVR Partners originally appeared on Fool.com.Fool contributor Maxx Chatsko owns shares of CVR Partners, LP. Check out his personal portfolio, his CAPS page, or follow him on Twitter @BlacknGoldFool to keep up with his writing on energy, bioprocessing, and biotechnology. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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