Updating LINAMAR CORP., NORDION INC. and POTASH CORP. OF SASKATCHEWAN

Article Excerpt

LINAMAR CORP. $21 (www.linamar.com) earned $1.64 a share in 2011. That’s up 20.6% from $1.36 in 2010. Sales rose 28.4%, to $2.9 billion from $2.2 billion. The company continues to win new contracts to supply transmissions and other parts to carmakers in Asia and Europe. It’s also seeing stronger sales of its non-automotive products, such as self-propelled elevating work platforms. Buy. NORDION INC. $9.08 (www.nordion.com) continues to have success with TheraSphere, a process that it developed for treating liver cancer using millions of small glass beads that contain radioactive materials. The company recently developed a new method that gives doctors more control over the size of each dosage. That will limit radiation exposure for patients and for health care workers. Buy. POTASH CORP. OF SASKATCHEWAN $43 (www.potashcorp.com) has cut potash production because rising inventories have pushed down prices. However, poor weather in South America will likely cut this year’s soybean harvest. That would push up soybean prices and encourage farmers around the…