Innophos Holdings Up Again Today, Up 5%

Innophos Holdings Inc IPHS shares are up another 5% today, gaining $2.45 to $47.16, a gain of 5.5% after the stock was mentioned positively in Barron's over the weekend. This is the second big move this week for Innophos Holdings after the mention in Barron's. Both moves have come on stronger than normal volume, with over 400,000 shares having been traded today. Meryl Witmer, the portfolio manager that recommended the stock, thinks the stock is worth $65 over time. Innophos Holdings, Inc., together with its subsidiaries, produces and sells specialty phosphates primarily in North America. The company offers specialty salts and specialty acids, such as sodium aluminum phosphate, sodium acid pyrophosphate, sodium and others.