PotashCorp stock likely to fall: analyst
A National Bank Financial analyst is warning investors to steer clear of PotashCorp in 2012.
Robert Winslow warns that the stock is likely to fall and consensus street earnings estimates are way overblown because grain is on the up.
Right now he predicts a $39.50 US price target.
“Get more supply and less demand and then it’s Economics 101. When that happens, prices of any commodity whether it’s grains or not will fall,” he said.