Adam Jones
I have been writing for Market Realist since 2014. I currently cover the cannabis sector, and I was drawn to the cannabis industry almost two years ago, when it was just emerging. I was fascinated by the variety of applications this single plant can have.
In addition, I like to explore different industries and am particularly interested in discovering good stocks. In the past, I've also covered the agricultural fertilizer and restaurant sectors.
When I'm not writing for Market Realist, I love reading books based on real-life events. I also enjoy reading biographies of people who have inspired the world in some way.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Adam Jones
CF’s 3Q16 Sales Estimate Shows a Common Trend in the Industry
CF Industries’ (CF) sales segment includes UAN (urea ammonia nitrate), AN (ammonia nitrate), ammonia, and granular urea.
Analyzing the MAP Prices in Brazil Last Week
The MAP (monoammonium phosphate) prices in Brazil saw positive momentum last week. Brazil is still a favorable market for fertilizer producers.
Fertilizers Were Less Affordable Last Week
Last week, fertilizer affordability rose to 0.66x from 0.65x week-over-week. A ratio below one means that fertilizers are more affordable than during the base year.
Monsanto: Earnings Estimates and Target Price
As of December 25, 2017, Monsanto stock was covered by 18 analysts according to Reuters. The current consensus rating on the stock stood at 2.56.
Analyzing Shake Shack’s Fine-Casual Concept
Shake Shack is conceptualized as a “new fine-casual” restaurant format. The fine-casual restaurant is a hybrid of the fine dining and fast-casual dining formats.
Domino’s Stock Jumps 21% Since Last Earnings Release
Year-to-date, Domino’s stock is up 8.7%, as of February 20. It has rocketed 21% since the company’s last earnings release in October 2014.
Why the Fertilizer Affordability Index Was Lower Last Week
The Fertilizer Affordability Index has shown a downward trend since the beginning of the year. Fertilizers have become more affordable in 2017.
Canada’s Cannabis Act C-45 Makes Progress in the Senate
On May 28, Bill C-45, Canada’s recreational cannabis legalization bill, saw further progress in the Senate.Consumer Must-know: Yum! Brands’ segments by business models
For six months ending June 2014, China’s division reported revenue of $3 billion, or 52% of Yum! revenues. China only represents 15% of the more than 40,000 Yum! restaurant units.
No Hope for MAP Prices in Brazil: Week Ending August 18
Last week, MAP (monoammonium phosphate) prices continued to fall and brought more pain for phosphate producers (NANR).
How Food Inflation Impacts The Restaurant Industry
Food inflation can squeeze a restaurant’s operating margins, but a restaurant can adjust the menu pricing and pass the cost on to customers.
Analysts’ Recommendations and Price Target for CF Industries
On March 13, 2017, five of the 18 analysts covering CF Industries (CF) recommended a “strong buy” to a “buy” for the next 12 months, down from six analysts in February.Consumer Why Yum! Brands’ division in India has been successful
Yum! Brands’ (YUM) division in India includes its businesses in India, Nepal, Bangladesh, and Sri Lanka. As of June 2014, the company had 714 restaurant units in India.
How China’s Fertilizer Export Sector Is Changing
China is the largest consumer of nitrogen fertilizers, but it produces most of it within its borders. Urea is Chinese farmers’ top choice.Consumer Why McDonald’s same-store sales declined
McDonald’s (MCD) revenues declined 4.5% YoY. Revenues in the restaurant industry are mainly driven by same-store sales and unit growth. The global same-stores sales were down to -3.3% YoY.Cannabis Marijuana Legalization: Minnesota Welcomes You!
Marijuana legalization is an ongoing issue in the US. Currently, the District of Columbia and 11 states have legalized cannabis. Marijuana is still illegal for recreational use in Minnesota. However, the state’s voters might favor legalization. Minnesota voters are ready for marijuana legalization Minnesota hasn’t been able to come up with a legalization decision yet. […]
How Did Potash Prices Change throughout the World Last Week?
The average weekly price of MOP (muriate of potash) at Vancouver has been flat since the beginning of March.
Fertilizer Affordability Fell for the Week Ending April 28
For the week ending April 28, the Fertilizer Affordability Index fell slightly to 0.58x—compared to 0.59x the previous week.Consumer Domino’s management guidance on food costs, capex, and more
Management anticipates the effective tax rate to be in the range of 37% to 38% for the “foreseeable future.” Corporate tax rates in the U.S. are high, and force some companies to move their headquarters to countries offering lower tax rates.
Key Players’ Phosphate Segment Margins in 1Q17
Mosaic (MOS) continued to enjoy higher margins at 7%—compared to Agrium’s (AGU) margins at 5%. Mosaic’s margins were flat year-over-year.Earnings Report Why Starbucks’ channel development produces higher margins
Channel development contributed 9.5% of the revenues for the fourth quarter of 2014. This is a good strategy to diversify the more volatile restaurant business.
Downward trend: McDonald’s November Same-Store Sales
McDonald’s November same-store sales indicate a continued slide in all segments. Tensions between Russia and Ukraine are partially to blame.
Why Cannabis Stocks Are on the Rise
The reason cannabis stocks are rising could be because October 17 is approaching.
Why CVR Partners Missed Analyst Estimates in Second Quarter
CVR Partners missed both top-line and bottom-line estimates for the second quarter, and the stock fell 4.5% after the earnings release.
Why Phosphate Matters: Margins Among the Biggest Producers
The median gross margin for these companies’ phosphate segments was 14%, as a percentage of segment sales in 4Q15.Consumer Why Burger King is improving its traffic through product innovation
Burger King (BKW) introduced premium products internationally that should complement its menu. It launched a Hashbrown Whopper in Korea, a Barbecue Bacon Whopper in the U.S., and a Mexican Whopper in Spain.
How Subdued Potash Prices Have Extended to Potash Players
The weekly average price for potash in Vancouver remained flat in the week ended June 24, 2016. Prices are below their 15-year average of $290 per metric ton.
Are Rising Prices Affecting Fertilizer Affordability?
Recently, the Fertilizer Affordability Index has seen an upward trend.
Fertilizer Affordability Remains Stable amid Strengthening Prices
Fertilizer affordability has seen some tightening in the last couple of months.
A MAP Price Update for the Week Ended October 27
MAP (monoammonium phosphate) prices hit a low of $343 per metric ton in August but have been on an upward momentum since then.
Valuation Multiples for Agricultural Chemicals after Brexit
In this part of the series, we’ll look at agricultural fertilizer producers’ valuations from their historical standpoints. Over the long run, valuation multiples impact a company’s share price.
Scotts Miracle-Gro: Analyst Recommendations and Target Prices
Analyst recommendations for Scotts Miracle-Gro (SMG) have trended with earnings estimates, with more analysts recommending a “buy” for the stock.Consumer Starbucks’ operating versus channel development margins
Channel development, according to management, helps take Starbucks’ products outside its stores. It also creates brand awareness. However, management also admitted that the channel development cannibalizes its in-store sales. When the quarter ended, Starbucks had 100,000 points of distribution.
A Price Update on MAP Fertilizers in Brazil
Last week, the MAP prices in Brazil rose as much as 5.6% week-over-week to $394 per metric ton from $373 per metric ton a week ago.
Who Are the Biggest Players in the Fertilizer Industry?
There’s a handful of big players in the agricultural fertilizer industry. Setting up business requires huge capital, which makes for a high barrier to entry.
Which Analysts Are Bullish on Nutrien in January 2018?
At the end of 2017, after receiving final regulatory approval for the merger, PotashCorp and Agrium combined into a new company called Nutrien (NTR).
Analysts’ Recommendations and Price Target for SQM
Sociedad Química y Minera de Chile (SQM) has yet to announce its earnings, unlike most of the companies we’ve discussed so far in this series.Consumer Must-know: What strategies are driving Dunkin’ Brands?
Same-store sales are driven by two components—transaction and traffic. Transaction is driven by pricing and products offered to the customer—or mix. For Dunkin’ Brands (DNKN), transaction contributed to more than half of same-store sales growth. To increase the traffic, the company introduced new items and offers.
Will Potash Prices Continue to Fall in 2016?
Potash prices over the past few years have been considerably lower than what we saw during their peaks of ~$482 in 2011 and ~$870 in 2009.
Starbucks’ Same-Store Sales Growth Is Declining
Same-store sales indicate the sales at the existing location over a period of time—usually one year. Same-store sales are driven by traffic and ticket.
What Hurdles Could Monsanto-Bayer Deal Face?
A few days ago, Monsanto (MON) agreed to Bayer’s takeover offer of $128 per share for a total deal value of $66 billion.
Tilray Expands in Latin America
On October 9, Tilray (TLRY) announced that it completed the acquisition of a distribution company in Latin America, which it says will help the company produce and market medical cannabis-based products in Chile and the rest of Latin America.
McDonald’s To Focus On Digital And Marketing Strategies
McDonald’s plans to use new digital and marketing strategies to revive sagging store sales. Marketing efforts have been ineffective recently.
Corn, Soybean, and Wheat Prices Fall in August, but Why?
On August 13, the crop index stood at 89.9. It rose by 1% following the USDA’s latest stock-to-use ratio, which was published on August 12.
Vaping Cannabis or Smoking Tobacco: Burning Questions
During its latest earnings call, Aphria (APHA) stated that vapes and concentrates could form a major share of Canada’s recreational market by 2021.Consumer Must-know: Chipotle Mexican Grill’s 3 key risks
Chipotle Mexican Grill (CMG) is exposed to three primary risks: price risk, interest rate risk, and currency risk.
One Chart That Shows What Makes Cannabis Attractive to Altria
As the cannabis space has increasingly become crowded, companies such as Cronos Group would greatly benefit from a company such as Altria.Consumer Key restaurant industry formats: The casual dining business
Contrary to fast food restaurants, casual dining restaurants have a relaxed and casual ambiance with a lot of seating. They offer full table service and may also have a wine menu or full bar service.
How Valuation Multiples Have Changed for Fertilizer Companies
Mosaic (MOS), which has historically traded at a high valuation multiple of 9.2x, is currently trading at an enterprise value to next 12-month EBITDA ratio of 5.7x.
Potash Prices for the Week Ended September 23
Potash prices in the Corn Belt region of the United States appear to still be reversing their downward movement.
