Intrepid Potash(IPI Quote - Cramer on IPI - Stock Picks) closed at $18.45, up 63 cents or 3.54%. On Friday, UBS initiated coverage of four fertilizer companies, rating Intrepid a buy with a price target of $27. UBS also started coverage of Mosaic with a buy rating and price target of $63. Mosaic closed Tuesday at $41.98, down 76 cents or 1.78%.
UBS also started coverage of Terra Industries(TRA Quote - Cramer on TRA - Stock Picks) and CF Holdings(CF Quote - Cramer on CF - Stock Picks) at neutral. Terra closed at $28.09, up 81 cents or 3% Tuesday; CF finished at $71.13, up 74 cents or 1.05%.
Jud Pyle of TheStreet.com took a look at call-spread selling in Monsanto(MON Quote - Cramer on MON - Stock Picks) and Potash(POT Quote - Cramer on POT - Stock Picks). Monsanto closed at $83.10, up 34 cents or 0.41%; Potash finished at $80.81, down 98 cents or 1.20%.
Scotts Miracle Gro(SMG Quote - Cramer on SMG - Stock Picks) finished the day at $34.70, up 15 cents or 0.43%.
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