Company name Potash Corp./Saskatchewan (USA)
Stock ticker POT
Live stock price [stckqut]POT[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $58.99
Target stock price (averages with growth) $72.59
Target stock price (averages with no growth) $56.85
Target stock price (manual assumptions) $50.89

The following company description is from Google Finance: http://www.google.com/finance?q=pot

Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. It is a producer of potash, phosphates and nitrogen producer. PCS owns and operates five potash mines in Saskatchewan and one in New Brunswick. It also holds mineral rights at the Esterhazy mine in Saskatchewan where potash is produced under a mining and processing agreement with a third party. Its 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. Its nitrogen operations include 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. As of December 31, 2011, it held 22% ownership interest in Sinofert Holdings Limited (Sinofert).

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

 

CNN Money recently ran an interesting article on the drop in Apple’s [stckqut]AAPL[/stckqut] share price. It is probably no secret to my readers that Apple’s share price has dropped fairly dramatically in the last several weeks.

In the article, Philip Elmer-DeWitt (the author) quotes 5 different investment pros and then finally each pro puts out a prediction for the price of Apple’s stock.

  • RBC Capital’s Amit Daryanani: Sticking with $750 price target.
  • Barclays’ Ben Reitzes:  Price target unchanged at $800.
  • CLSA’s Avi Silver: Poised To Rebound. $770 price target.
  • Piper Jaffray’s Gene Munster: Comfortable With FY13 Margin Assumptions. Reiterating $900 price target.
  • Avondale Partners’ John Bright: Initiating coverage with $600 price target.

I am also reiterating my commitment to Apple as soon as the bottom is found and the price starts to rise again. Why pay more if the price is dropping short term? I think Apple is probably a buy up to $820.