Color Me Bullish - Mosaic Remains A Buy As Industry Fundamentals Remain Strong

The Mosaic Company (MOS), after the market closed Nov. 13, cut its Q2 2013 guidance forecasts for potash and phosphate sales due to uncertainty surrounding new contract agreements with India and China, the two biggest consumers of Potash. Mosaic's fiscal year ends in May.

Since MOS reported its new guidance, both MOS and POT are down by 3% and IPI by 1%. We are bullish on POT, whereas we have a neutral stance on IPI in the short term. However, as mentioned earlier, we have a bullish view on the industry, and we believe that the industry fundamentals remain positive. We are expecting strong performances from these companies in 2013. 

For a detailed analysis of Mosaic, please refer to full article on the company.