Wall Street Fundamentals Releases New In-Depth Stock Reports on AGU, IPI, MOS and POT


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Companies Mentioned

NYSE:AGU / NYSE:IPI / NYSE:MOS / NYSE:POT
03/04/2014 [ACCESSWIRE]

Fertilizer stocks received a boost Monday as they could potentially benefit from any economic sanctions against Russia. Ukrainian commanders have received ultimatums from Russian army or Russian Black Sea Fleet officers ordering them to abandon their military bases. The tension has caused the ruble to fall to a record low Monday. “The erstwhile cartel between Russia and [neighboring] Belarus supplied 43% of total global potash demand,” last year, said Newedge director of market strategy, Robbert van Batenburg. “Non-Russian potash supplier…may benefit from a potential trade sanctions that could impact Russian potash exports.” Here is how some Fertilizer stocks reacted Monday:

Agrium Inc. (NYSE: AGU)(TSX: AGU) shares traded in the range of $91.40 to $93.67 Monday before settling to close at $93.42, an increase of 1.24 percent. The stock appears to be facing some resistance at $95.32 with some support at the $92.58 and $91.81 levels. Shares of Agrium have gained approximately 2.0 percent year-to-date.

More information on Agrium and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AGU

Intrepid Potash, Inc. (NYSE: IPI) shares traded in the range of $14.73 to $15.27 Monday before settling to close at $14.94, an increase of 0.88 percent. The stock appears to be facing some resistance at the $15.13 and $15.25 levels with some support at $14.89 and $14.76. Shares of Intrepid Potash have fallen approximately 5.0 percent year-to-date.

More information on Intrepid Potash and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/IPI

Mosaic Co. (NYSE: MOS) shares traded in the range of $48.15 to $49.41 Monday before settling to close at $48.98, an increase of 0.25 percent. The stock appears to be facing some resistance at the $49.31 and $49.81 levels with some support at $48.05 and $47.75. Shares of Mosaic have gained approximately 4.0 percent year-to-date.

More information on Mosaic and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/MOS

Potash Corp./Saskatchewan (NYSE: POT)(TSX: POT) shares traded in the range of $32.93 to $33.87 Monday before settling to close at $33.50, an increase of 0.63 percent. The stock appears to be facing some resistance at the $33.86 and $35.24 levels with some support at $33.34 and $33.07. Shares of Potash Corp. have gained approximately 2.0 percent year-to-date.

More information on Potash Corp. and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/POT

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
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www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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