Potash Stock or Agrium Stock? 1 Analyst Says Both
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking two high-profile Wall Street picks and putting them under the microscope...
It's been more than a year now since Potash Corporation of Saskatchewan (NYSE: POT) announced plans to buy one of its biggest rivals, fertilizer producer, wholesaler, and retailer Agrium (NYSE: AGU). Now, at long last, the merger process is drawing toward a close. It's likely that any day now, we could see the birth of a true giant of agriculture, as both companies merge to form a new fertilizer company to be known as Nutrien.
TD Securities thinks you should buy in before that happens. Here's why.
Source: Fool.com