Fertilizer Stocks Are Hot, Watch MOS POT TNH and CF

Even with the market being beaten and battered, the chemicals-fertilizers industry group has stood up as a leading group with positive gains week after week. Within this group the stocks to watch are Mosaic Company (MOS), Potash Corp (POT), Terra Nitrogen (TNH), and CF Industries (CF).

MOS Stock

Probably the most promising out of these four, MOS has seen some strong accumulation the last few days with the stock closing Friday at $99.21. Buy point on this stock is with a break of $100 even, just keep a close eye on the volume as you want volume to be atleast 50% above its daily average of four million on breakout day.

MOS Stock Chart, Click to View

POT Stock

Everyone should know the ticker POT by now, the stock was extremely hot throughout 2007. POT was and still is a leader in the market. Now POT looks to be receiving support around $135 and its 20 day moving average. A competitive buy point would be at the 50 MA ($126ish), otherwise the next buypoint is with a break of $152 and new highs. POT closed Friday at $138.75.

POT Stock Chart, Click to View

TNH Stock

What I like about TNH stock are the consistent higher highs and the recent consolidation of price swings since November. The stock broke out above $140 for the first time in late December and claimed a new price high of $149.46 on January 3rd, 2008. This high is your next buypoint for TNH stock (a break above $149.50), with a second opportunity possibly being the 50 MA as it begins to uptrend more significantly. TNH closed Friday at $145.73.

TNH Stock Chart, Click to View

CF Stock

CF has had a great base being built above $100, and is a buy with a break above $120 on strong accumulation volume. I like this stock a lot because of the chart stability and the beautifully uptrending 50 day moving average. This stock has a lot of potential to move well to the upside, so keep a close eye on it! CF closed Friday at $112.60.

CF Stock Chart, Click to View