POTASH CORP. OF SASKATCHEWAN $39(Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 837.9 million; Market cap: $32.7 billion; Price-to-sales ratio: 4.6; Dividend yield: 3.9%; TSINetwork Rating: Average; www.potashcorp.com) is up 10% since the start of 2014. That’s mainly because potash miners cut their output in response to the July 2013 breakup of a marketing alliance between producers in Russia and Belarus. These reductions have increased prices from their recent low of $310 U.S. a tonne to $350.
Prices should remain steady, particularly because North American farmers will need more fertilizer to replenish their soil after last year’s record crops. However, the stock trades at a high 22.0 times the $1.65 U.S. a share the company will probably earn in 2014.
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Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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TSI Network may revise this Policy from time to time.
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