CF Industries Balks At Market Slump, Shares Rise

CF Industries Holdings, Inc. CF shares are significantly outperforming today, gaining more than 6% as the broader stock market is mired in a sea of red. CF Industries, which is a fertilizer stock is seeing the run on heavier than normal volume, meaning institutional investors are getting into the name, and with a reckless abandon. So far, 3 million shares have been traded, well above the average daily volume of just under 2 million. It looks as if the agricultural sector is rebounding today, with Potash POT, Mosaic MOS and others benefiting from the rise in CF. Investors may want to think about potentially jumping into this sector, before the move into the sector is made. Shares are still reasonably cheap, trading at 11 times 2012 earnings. At last check, shares of CF Industries were up $8.53 to $147.59, a gain of 6.13%‎. CF Industries Holdings, Inc. manufactures and distributes nitrogen and phosphate fertilizer products in North America and export markets. It operates in two segments, Nitrogen and Phosphate.