PotashCorp Recommended for Long-Term Investors: Raymond James

The Globe and Mail reported that analysts at Raymond James are recommending PotashCorp for investors who seek long-term, value-based investments.

As quoted in the market report:

The company had a rough fourth quarter, as “protracted potash negotiations with India and China” temporarily paralyzed the market, sending prices and sales lower. “Despite lingering challenges, 2013 is expected to be a year of recovery for global potash shipments, an opportunity for the nutrient to step out from the shadows,” he said, adding: “Several recent market observations give us reason to be optimistic about such a recovery.

To view the whole Globe and Mail report, click here.