Fertilizer stocks making a come back ?

D

derektrader

I have been playing fertilizer stocks the past week based on some earnings; MOS, AGCO, and CF. I played CF and MOS after earnings, not before, and made money on the gap up.
I think food shortages will push these up. the charts are looking good as well.
 
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You betcha, Saskatch Potash, made a bundle on it. When I sold, I got a kick out of telling my mother-in-law "I sold some POT today."
I went to my local Co-op to buy some 46-0-0 and was shocked to find the price doubled. When I mentioned it, I immediately backpedaled and said, "that's OK, I got fertilizer stocks."
 
Sounds about right, these look undervalued compared to rest of market. And they appear to be trending up as well in recent times. Might have to buy a little of these myself... thanks for the idea OP!!!
 
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