Agricultural stocks are starting to move

The last month has been quite good for many of the Ag stocks. Most of which have reversed a sideways or down technical chart. Earnings for CMP will be on the 28th of this month, and it is probably ok to wait for earnings as buying now may be a bit of a stretch. Look to buy this one around October after the possible downward move in stocks in August/September. Historically this seems to be the pattern. Analysts currently have this stock growing 8% this year and 18.5% next year. The current PE of 15 and forward PE of 12 make this one fairly cheap especially if there is a start to a bottoming of the world economy. Also, this company has been looked at as a possilbe takeover target, or even possibly a spin off to separate their salt and fertilizer businesses. Long term this one is a buy even with the 50% growth over the past year.