|Day Low/High||41.26 / 41.90|
|52 Wk Low/High||16.01 / 43.24|
Traditionally agricultural stocks are a volatile group to trade because of their tie to the underlying commodities and the social and political nature of the markets they serve. 2013 was another rocky year, but the ags have seemed to stabilize a bit here. Jill Malandrino and Bob Lang of Explosive Options review some stocks and options trades in the potash- and phosphate-related sub sector, Mosaic is their top pick. A few major overhangs have been removed from the story to help the stock find some support, but the company is also using its cash to focus on growth and unlocking share holder value. Lang believes Mosaic could see the $55 level.
The Mosaic Company reported fourth-quarter net income down 79%, as falling prices for crop nutrients potash and phosphate ate into profits.
Shares are up on a big buyback agreement. Potash producer Mosaic (MOS) is up in premarket trading on an agreement to buy 43 million shares (over next several months) of stock back from large holders Margaret A. Cargill Foundation and the Anne Ray Ch...
This just in from Reuters. From Reuters: Potash Corp sees possible bounce in its market in early 2014 A bounce in slumping potash markets is possible next year, assuming China steps back into the market and Russia and Belarus paper over differences ...
Yahoo! could be a good break out candidate after surging into the upper-end of its recent range.
A break through $87.90 could help Qihoo 360 stock clear the downtrend resistance and open the door.
Where are the key names headed next? I'm observing the action in fertilizer stocks and I can see from the comments section that many of you are as well. Let's chart some of the key names in this sector to see where they are headed next. Let's start ...
Shares of dividend payers Mosaic and MDC should bounce back this fall after a tough summer, says John Buckingham, CIO of AFAM Capital.
Ferts lowered at HSBC. HSBC lowers the potash sector to Underweight -- Mosaic (MOS) and Potash (POT) price targets go to $33 and $22.50, respectively. I will be an opportunistic buyer of Potash, probably in the range of $29.00-$29.50.
Easier trades can be found. By Bob Byrne "Genius is more often found in a cracked pot than in a whole one." -- E.B. White The charts of Potash (POT) and Mosaic (MOS) haven't improved (or deteriorated) all that much over the past eight days. Neither ...
Andrew Keene reviews his successful trading strategies in his new book which focuses on unusual options activity, volatility and earnings.
Zynga Zapped, Fertilizer Foolishness, Perrigo Ploy and Cohen's Remorse highlight Gregg Greenberg's Dumbest Things on Wall Street this week.
When bad news hits, savvy buyers tend to get the best of panicky sellers.
The potash sector is tumbling as Uralkali quits the cartel, and Dan Dicker tells TheStreet's Joe Deaux how you should trade the industry.
Gary Sandlund of Futures International reviews price action and trends in corn, soybeans and wheat.
Let's take a peek at the overnight and early-morning price action in various asset classes. Quiet: S&P futures flat; Nikkei up; European markets down small; euro up; crude up $0.15 a barrel; gold up 5; and the 10-year U.S. note yields 2.53% (down a ...