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Raking in Profits From Agribusiness ETFs

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Peter Kenny, managing director of Knight Equities, offered a favorite idea for investors to consider.

His Recommendation:

Market Vectors Agribusiness

“This is an ETF that covers the agribusiness trade,” Kenny told CNBC. “They are truly global."

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"And in addition, it's is up 50 percent from its high in May of 2007," he said.

"Today, they pierced a 200-day moving average to the upside. It’s just a great, great looking chart."

Disclosure:

No immediate information was available for Kenny or his firm.

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