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Terra Industries (TRA)

Terra Industries (TRA), a fertilizer manufacturer on the Emerging Growth Buy List, took Wall Street by storm last week when it announced it had earned $0.65 more than analysts' estimated $1.22 per share–that's a 53.3% earnings surprise!

As you probably know by now, those kinds of surprises are exactly what I expect from my Emerging Growth stocks. Earnings are everything, which is why I recommend my subscribers buy only the most fundamentally superior stocks on the market. And Terra is no exception.

For all you history buffs out there, corn acreage in North America has hit levels not seen since World War II. So what does this mean for companies like Terra? It means farmers that harvest corn are in constant need of nitrogen fertilizer to expand their crop yields! According to the U.S. Department of Agriculture, corn growers in the U.S. use about 137 pounds of nitrogen fertilizer per acre. So you can imagine the demand that creates for TRA's products.

And at a time when food prices are soaring worldwide and ethanol use continues to go up, this leading fertilizer maker is reaping huge profits. Thanks to high corn acreage and a favorable pricing environment, I expect TRA's growth to continue at a rate that exceeds its total cost.

Terra's CEO Mike Bennett said that he expects "strong demand to continue for the remainder of 2008 as customers fill their storage capacity in anticipation of a robust spring 2009 planting and application season." This outlook bodes well for Terra's investors.

PortfolioGrader Pro, my FREE stock ranking tool, has rated TRA an A-stock for over twelve consecutive months. My Emerging Growth subscribers have already realized a 100.4% profit in Terra Industries, and the stock is poised to head higher over at least the next year. So what are you waiting for? Sign up for Emerging Growth today and buy this stock as it reaps the benefits of its fundamental superiority!

peter robidoux , 07.28.08:

Cesar Perez, 07.28.08:

Ian Morgan, 07.28.08:

mark h, 07.28.08: