Wednesday, October 24, 2012

Chart of the Day - Agrium (AGU)

The "Chart of the Day" is Agrium (AGU), which showed up on Monday's Barchart "52-Week High" list. Agrium on Monday posted a new 4-year high of $108.13 and closed +3.39%. TrendSpotter has been long since Sep 6 at $100.61. The stock rallied on Monday on the company's announcement that it is doubling its dividend to 50 cents per quarter. Agrium, with a market cap of $16 billion, is a leading global producer and marketer of fertilizer and a major retail supplier of agricultural products and services in both North America and Argentina.

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