Over my lifetime, I've seen the same story unfold over and over again: Someone accumulates raw land with the idea of building an agribusiness, like a dairy, cattle farm or orchard, and it is pretty successful. A city not far away begins to grow, and pretty soon the suburbs stretch right to the border of the farm and the farmer becomes a real estate developer.

I grew up in Fort Lauderdale and saw this happen in Davie, as dairies, cattle farms and orange groves became housing projects. My brother lives in Loxahatchee, west of Palm Beach, and now you see shopping centers and high schools surrounded by orange groves. Before Walt Disney changed it all, sleepy Orlando was a cattle and citrus farming town. I watched this happen on the north side of Atlanta, and now I'm watching the same thing happen on the south side of Charlotte.

I've never had the capital to make major investments in real estate, except for ventures into small rental units and REITs, but maybe you can.

When I was screening for stocks hitting new highs in this down market I came across Limoneira (LMNR), which hit 10 new highs in the last 20 trading sessions, gaining 37.19% in the last month. The stock has 12 of 13 Barchart technical indicators signaling a buy and trades around 21.95.

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