The decline in commodity prices has not spared Potash Corp. of Saskatchewan. The problem for this Canadian producer is weaker demand combined with higher supply as a German competitor plans to open a potash mine in Saskatchewan and Russian giant Uralkali Group steps up production. In response, Potash has shut down three mines in Saskatchewan for …read more »
When a company splits its shares, it is simply cutting itself up into a different number of pieces, without changing its fundamental value. It simply wants its stock to trade in a price-per-share range that seems reasonable to investors. This can affect stock market trading in more ways than one.
Stock market trading: How a share split works
If a stock’s price …read more »
Agrium continues to benefit from its focus on selling fertilizers and seeds to farmers through its retail chain. These stores help offset its more volatile fertilizer manufacturing business. That gives Agrium an advantage over pure fertilizer companies like Potash Corp.
The company’s shares have jumped more than 80% in the past five years, but we feel they have more gains ahead, …read more »
Pat McKeough responds to many requests from members of his Inner Circle for specific advice on stocks as well as questions on investment strategy and the economy. Every week, his comments and recommendations on the most intriguing questions of the past week go out to all Inner Circle members. And each week, we offer you one of the highlights from …read more »
Fertilizer prices remain volatile, but these two producers have bright long-term outlooks. That’s because the growing population is increasing food demand. Without fertilizer, the world would need 50% more farmland to meet this need. We prefer Agrium over Potash Corp., as its retail stores cut its exposure to bulk fertilizer prices. POTASH CORP. OF SASKATCHEWAN $33 (Toronto symbol POT; Aggressive …read more »
POTASH CORP. OF SASKATCHEWAN (Toronto symbol POT; www.potashcorp.com) is the world’s largest fertilizer producer. Its six potash mines in Saskatchewan and one in New Brunswick account for 20% of global potash capacity. Four of its mines have reserves of between 75 and 108 years. It also makes fertilizers from nitrogen and phosphate.
The company’s sales and earnings vary with volatile fertilizer …read more »
POTASH CORP. OF SASKATCHEWAN $42 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 859.1 million; Market cap: $36.1 billion; Price-to-sales ratio: 4.2; Dividend yield: 1.3%; TSINetwork Rating: Average; www.potashcorp.com) is the world’s largest fertilizer producer. Its six potash mines in Saskatchewan and one in New Brunswick account for 20% of global potash capacity. Four of its mines have …read more »
American Depositary Receipts make foreign investing easier and safer for individual investors. The foreign company must provide detailed financial information to U.S. regulators and to the sponsor, or depositary, bank or broker. As well, since ADRs trade on U.S. stock exchanges in U.S. dollars, you don’t have to worry about currency exchange rates, foreign stock exchange rules, or language barriers.
Today …read more »
The long-term outlook for these two fertilizer producers is bright as population growth prompts farmers to plant more crops. However, we prefer Agrium for new buying, as its retail operations help cushion it from volatile fertilizer prices.
POTASH CORP. OF SASKATCHEWAN $43 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 858.7 million; Market cap: $36.9 billion; Price-to-sales ratio: 4.0; …read more »
Farmers are using more fertilizers to boost their yields and take advantage of high prices for wheat, corn and other crops. At the same time, low fertilizer inventories are pushing up prices and spurring big earnings gains at Potash Corp. and Agrium. However, Agrium offers less risk.
POTASH CORP. OF SASKATCHEWAN $44 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; …read more »