Chart of the Day - CF Industries (CF)

The "Chart of the Day" is CF Industries (CF), which showed up on Tuesday's Barchart "All Time High" list. CF Industries on Tuesday posted a new all-time high of $195.48 and closed up 1.28%. TrendSpotter has been Long since Jan 4 at $157.99. In recent news on the stock, CF Industries on Feb 15 reported Q4 EPS of $6.66, which was lower than the consensus of $6.83. However, the company said it expects margins and volumes to be sustained at high levels. Lazard Capital on Feb 16 said CF Industries should be bought aggressively on weakness because it believes the company is poised for a strong 2012. Lazard reiterated its Buy rating for the stock and raised its target to $205 from $195. CF Industries, with a market cap of $12 billion, is a major producer and distributor of nitrogen and phosphate fertilizer products.