Own the Fat of the Land With Cresud By Jonathan Heller About this article: The last time I wrote about Argentine farming giant Cresud, shares were changing hands at $11, which seemed like a tremendous bargain. Then the markets tanked, and Cresud fell below $5 for awhile only to rebound to $11 last month. It's been a rocky road but, as fellow RealMoney contributor Sham Gad pointed out last week, the investment thesis has not changed and following a pullback the past few weeks, Cresud looks compelling at under $9. I own a lot of companies with vast land holdings and attempt to diversify them in terms of region, quality and land usage. Cresud adds some non-U.S. land exposure to the portfolio as well as an element of risk given the state of Argentina's political landscape, reputation as a high-inflation/high-unemployment economy and recent farmer protests regarding subsidies. Still, that's a risk that willing to take. Exposure to farmland is important and... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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