Excerpt from MarketWatch:
Food for Your Portfolio: Wall Street Reporter Gets the Scoop on Food and Fertilizer Stocks Like IPI and POT
NEW YORK, Aug 4, 2008—As the commodity boom continues, some of the hottest sectors out there are some of the most ancient and defensive around: food and fertilizer. Wall Street Reporter continues to point investors to long-term opportunities in what some market gurus are already calling the next big market theme of the century.
“Emerging markets are buying more food, crop prices are going up, farmers want to plant more,” Mike Cintolo, vice president of investments and Editor of Cabot Market Letter, recently told WSR. “They need fertilizer.”
In an exclusive interview hosted at www.wallstreetreporter.com, Cintolo says that while some potash stocks like Potash Corp. (POT) have gone up 1000% to 1500% over the last two years, Intrepid Potash Inc. (IPI) , the biggest player in the United States, has been left behind. “If you’re going to play that sector, that’s the way to do it.”