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Author: Starrob Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 47  
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."

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