Potash Corporation Of Saskatchewan Inc. (POT): Today's Featured Chemicals Winner
Potash Corporation of Saskatchewan
(
) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 1.0%. By the end of trading, Potash Corporation of Saskatchewan rose $0.82 (2.1%) to $39.86 on average volume. Throughout the day, 6,336,186 shares of Potash Corporation of Saskatchewan exchanged hands as compared to its average daily volume of 4,689,700 shares. The stock ranged in a price between $39.36-$39.96 after having opened the day at $39.72 as compared to the previous trading day's close of $39.04. Other companies within the Chemicals industry that increased today were:
(
), up 11.7%,
Flexible Solutions International
(
), up 7.1%,
(
), up 4.3% and
(
), up 4.1%.
Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. Potash Corporation of Saskatchewan has a market cap of $34.2 billion and is part of the basic materials sector. Shares are down 4.1% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Potash Corporation of Saskatchewan a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Potash Corporation of Saskatchewan
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Potash Corporation of Saskatchewan Ratings Report.
On the negative front,
(
), down 7.1%,
(
), down 3.2%,
(
), down 3.2% and
(
), down 2.7%.
- Use our chemicals section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
(
) while those bearish on the chemicals industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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