PotashCorp (POT.TO)

Has been acquiring this one recently. In Canada you want to look at moving from harder commodities such as gold, energy, etc. Longer-term it is the softer side of things such as agriculture you want. At some point, farmers are going to come back and will need the fertilizers and global population is growing.

You just can’t bring on new mines at current price levels. Best assets in the world. It is a cash flow and dividend growth story. 2.8% sustainable dividend.

It can be traded. Buy below $40 and sell at mid-$40s. Fundamentally the world population is growing and will have to grow food.

Loves the ag mineral business. Wouldn’t surprise him if the stock was flat this year but, looking forward in a five-year timeframe, with poor people globally becoming richer, he doesn’t know how they can go wrong being the world’s largest and lowest cost provider of nutrients.

Stand away if you are investing for the next few weeks. Over the next 2-5 years you want to be accumulating in this sector. Buy $38/$39 range.

Down 8.6% in sympathy with the fear of about $4 corn and recognition that India and China have filled their hat with enough potash and phosphate so these might not be immediate factors. This is one he is looking at. His target price would be $43.80.

Expensive, but a year out it is going to be worth about $50.43. His model price is $52.63, a 26% upside. Expect you will make 15%-16% a year out.

Largest potash producer in the world. Major deal announced with India. If you are not in yet, it could go into the low $40s and that would be a good entry point.

(Market Call Minute) May see an activist investor come back at this company which might be the opportunity to make money.

(A Top Pick Feb 1/12. Down 9.07%.) Under pressure like a lot of commodities but this is a long-term play. Raising dividends very dramatically.

Longer term it still looks pretty good. India and China are marginal drivers of Potash prices. Pretty big jump in the dividend today. Descent longer term growth. Holds AGU-T, POT-T and Mosaic in the US.

Supply/demand for potash remains quite poor. There are better places to go in the resource market. Ultimately, if global QE continues for another year or two, the long-term story in terms of emerging markets with better diets is all true. You will need the demand story to come back as it was in 2007-2008.

Looking to this one as the play in agriculture for the next year. Sees some upward momentum in this name.

Agrium (AGU-T) or Potash (POT-T)? Master limited partnerships are companies that provide core capital growth plus they are great yield plays. This one is in the development business and can provide a little bit more growth of capital. Growth of capital plus yield is a great play when looking at risk adjusted returns and forward-looking. Quite attractive from a pricing standpoint.

Looking at this one very carefully. Down in the dumps and no one loves it so it’s probably a good time to Buy. Looking at this one if he sells his Agrium (AGU-T) (See Top Picks.)