Potash (POT) reported a blow-out quarter today, beating estimates by a mile. Earnings tripled over last year and they also raised guidance. The stock has pulled back from a recent high of around $215 to $195 simply because it had run up over 100% since Jan 22nd of this year. The company upped their guidance and it doesn’t look like demand is waning. I believe this weakness is a good reason to buy some Potash, although I wouldn’t be surprised if the stock pulls down to the $175 mark, where you should consider buying more.

Similarly, Mosaic (MOS) has seen tremendous growth in their business and the stock, which was at $60 in November of last year, is down from a recent high of around $140 and trading today in the low $120’s. This 11% decline is a grea opportunity to open a position and buy if it …