POT

Potash: Nice Dividend, Big Upside

Potash cut its dividend twice this year, and it is underperforming the S&P 500 by more than 13%. As contrarian investors, we believe it’s now an attractive stock, with a nice dividend (2.5%), and big long-term price appreciation potential. Potash is particularly attractive because of its low cost mines, continuing long-term growth in global demand, and the current low point in the fertilizer business cycle.