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Author: Starrob Big funky green star, 20000 posts Old School Fool Ticker Guide Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 46  
Subject: 3 Reasons To Buy Potash Date: 4/30/2012 9:39 AM
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"Potash Corp. (POT) shares have recently declined to the low end of the recent trading range, and this is creating a potential buying opportunity. This company is a leading manufacturer of potash which is used in fertilizers. The stock was trading around $47 in early April, but it dropped about 10% after the company reported earnings.

Potash Corp. reported a profit of 56 cents per share for the first quarter of 2012. This was below the average analyst estimate of about 64 cents. The company also reduced guidance for full-year 2012 profits, which are now expected to be in a range between $3.20 to $3.60 per share. While this news is disappointing, it should only have a short-term impact on the stock, as the longer-term potential remains strong."


cont'd


http://seekingalpha.com/article/540781-3-reasons-to-buy-pota...
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