Text size: Small font Default font Larger font

Have an account? Please log in.

.
TSI Network
Patrick McKeough is one of Canada’s top safe-money advisors. The Wall Street Journal, Forbes and The Hulbert Financial Digest have all recognized his ability to find stocks with hidden value. He is editor and publisher of The Successful Investor, Stock Pickers Digest, Wall Street Stock Forecaster and Canadian Wealth Advisor; inventor of the Quick Profit/Value System and the ValuVesting System™. A best-selling Canadian author, he wrote Riding the Bull, the book that predicted the 1990s stock-market boom.

Potash stocks: Our latest investment update on BHP Billiton’s takeover bid for Potash Corp.

November 9, 2010 -  Be the first to comment
Posted by: Pat McKeough Filed in: Commodity Investments
  • Comments
  •  
  •  
.

Last week, the Canadian government said it would block BHP Billiton’s (New York symbol BHP) hostile, $38.6-billion U.S. takeover bid for Potash Corp. of Saskatchewan (New York and Toronto symbol POT).

However, under the Investment Canada Act, which governs foreign takeovers of Canadian companies, BHP now has 30 days to modify its offer so that it is a “net benefit” to Canada.

In light of the federal government’s decision, we updated our buy/sell/hold advice in last week’s Successful Investor and Wall Street Stock Forecaster hotlines. We cover Potash Corp. in The Successful Investor and BHP in Wall Street Stock Forecaster.

(You can get our very latest analysis, including buy/sell/hold advice, on BHP Billiton, Potash Corp. and three other agricultural investments free in our new special report, “Commodity Investments: Fertilizer Stocks and Potash Stocks That Will Profit from Rising Food Demand.” Click here to download your free copy right away.)

Potash Corp. continues to trade above the $130.00 U.S.-a-share that BHP is offering. That suggests investors expect a higher bid for the company, either from another buyer or an altered offer from BHP.

Get Pat McKeough’s latest buy/sell/hold advice on 5 stocks in the fast-moving agricultural sector absolutely FREE. You’ll learn all about these exciting investments in Pat's special report, "Commodity Investments: Fertilizer Stocks and Potash Stocks That Will Profit from Rising Food Demand." All 5 stand to gain from the long-term rising trend in agricultural prices — but not all are buys. Click here to download yours today.

Long-term outlook for agricultural prices — including potash stocks — looks bright

BHP Billiton is now reconsidering its options in light of the federal government’s decision. We’ll continue to keep you updated on the takeover bid in our TSI Network Daily Updates.

Regardless of the takeover bid’s outcome, the long-term outlook for agricultural prices and potash stocks remains bright. That’s mainly because rising incomes in developing countries will continue to fuel food demand. That will prompt farmers to use more fertilizer as they increase crop yields.

However, we expect commodity prices to remain volatile in the short term. In “Commodity Investments: Fertilizer Stocks and Potash Stocks That Will Profit from Rising Food Demand,” we give you all the advice and information you need to profit from the long-term trend toward higher agricultural prices with less risk.

As a member of TSI Network, you may have already seen “Commodity Investments: Fertilizer Stocks and Potash Stocks That Will Profit from Rising Food Demand.” If you haven’t yet read this free report, click here to download your copy today.

Be the first to comment
.

Permalink: http://www.tsinetwork.ca/?p=42715


All of our articles are available for republishing as long as you provide a link back to the original article.

Tags: , , , , , ,

  • Comments
  •  
  •  
.

Would you like us to inform you when new articles are posted?

What do you think? Go ahead and add your comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.

.

Free Subscription to
The Successful Investor Network Daily

  • Daily investment advice you can act on
  • Free access to our special stock market reports
  • Plus much, much more! Try it today
Twitter Facebook
Follow TSI Network on Twitter and Facebook!

TSI Network Products

In today's economy, it's more important than ever to have clear investment advice that is tailored to your own personal goals. This is where Pat McKeough's conservative safe-investing philosophy comes in. Through TSI Network, you get access to reports, monthly newsletters and premium services that go beyond the daily headlines to give you all the advice and information you need to build a portfolio with long-term growth potential. Simply click on the links below to discover which service is right for you.

.
.