Potash Corp. cuts outlook and dividend

POTASH CORP. OF SASKATCHEWAN $22 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 839.4 million; Market cap: $18.5 billion; Price-to-sales ratio: 3.9; Dividend yield: 2.4%; TSINetwork Rating: Average; www.potashcorp.com) is a leading producer of potash, nitrogen and phosphate fertilizers.

Due to weaker fertilizer… Read More

AGRIUM INC. $115

AGRIUM INC. $115 (Toronto symbol AGU; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 138.2 million; Market cap: $15.9 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.9%; TSINetwork Rating: Average; www.agrium.com) sells seeds, fertilizers and other agricultural products to farmers through 1,400 stores in North America, South… Read More

Fertilizer stocks: 1 buy & 1 hold

Bad weather and increasing production have hurt fertilizer prices. As a result, Potash Corp. and Agrium have cut their 2016 earnings forecasts. We still like both companies, but Agrium’s expanding retail business makes it the better choice.

POTASH CORP. OF SASKATCHEWAN $21 (Toronto symbol POT;… Read More