Thursday, July 8, 2010

Potash (NYSE:POT), Mosaic (NYSE:MOS), Agrium (NYSE:AGU), CF Industries (NYSE:CF) and Intrepid Potash (NYSE:IPI) Move Up with Fertilizer Sector

Potash Corp of Saskatchewan (NYSE:POT), The Mosaic Company (NYSE:MOS), Agrium (NYSE:AGU), CF Industries (NYSE:CF) and Intrepid Potash (NYSE:IPI) continue to move up with the fertilizer sector.

Others participating in the benefits of the move today have been China's Yongye (NYSE:YONG) and Converted Organics (NASDAQ:COIN).

There really isn't any news that is pushing the stocks up other than the broader market and possibly some bargain hunting.

Since March the fertilizer sector has been punished, and just over the last five days has there been a rebound.

All the stocks mentioned above are up in today's trading. For the majors listed in the first paragraph, they have all been moving up over the last five trading days.

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