Potash Corp./Saskatchewan (USA) (POT)

InvestorDeb (81.65) Submitted: 3/15/08 10:19 AM : Start Price: $146.41 POT Score: 45.77

Used Monday's sell-off to initiate a position in POT. I am a believer in the growing population will be consuming more protein as they raise their standard of living. More protein ala increased consumption of beef and chicken translates into more grain. Animals consume more grain that people. Increasing yield out of the same amount of land requires some help via fertilizer and seed technology. Trades at 19 x forward earnings, so not cheap, but not outrageously priced considering the secular growth story behind.

Anyway, worth 1/3 in under $145 - $150...

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