Financial Zip

There is a little bit of a lingering optimism in the market place right now. We had a good jump in the market yesterday of over 200 points. Things are still uncertain but there are some good stocks out there to look at.

Potatsh (POT) is one of those star performers. It heads the class of agricultural stocks and has continued to rise especially in the last month and its 2007 return is 202% and it its year to date is 37%.

Analysts are predicting more strength in earnings going forward with very bullish calls of 7.92 EPS in the current year and 9.91 next year up from 5.54 and 6.61 respectively, just 90 days ago. The stock has a trailing P/E ratio of 50 with revenue growth (year over year) of 42% and EPS growth (yoy) of 103%.

So over the long term this is a great stock to look into getting to.

Company profile:
Potash Corporation of Saskatchewan Inc. is an integrated fertilizer and related industrial and feed products company. The CompanyGÇÖs potash is produced from six mines in Saskatchewan and one mine in New Brunswick. Of these mines, it owns and operates five in Saskatchewan and the one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The CompanyGÇÖs phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, animal feed supplements and industrial acid, which is used in food products and industrial processes. It indirectly holds all outstanding interests in PCS Joint Venture, Ltd., which formerly manufactured, processed and distributed fertilizer and other agricultural supplies from plants located in Florida and Georgia.