This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Four Oversold China Agriculture Stocks

Furthermore, operating margin fell 645 basis points to 3.07% as total operating expenses soared 79.0% to $4.7 million.

Recently, Rodman & Renshaw rated the stock a market outperformer with a target price of $7, representing an upside of over 100% from current levels.

Origin Agritech, a technology-focused supplier of crop seeds in China, reported a narrowed net loss during the second quarter of 2010 to 18 cents per share from a loss of 52 cents per share a year ago.

Moreover, the company reaffirmed its revenue guidance for 2010 in the range of RMB 630 million to RMB 660 million, representing a year-on-year increase of 10-15%. American Dairy, one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, missed consensus estimates by 4 cents per share during the quarter ended March 2010 as revenue declined 28.5% to $81.4 million.

For the second quarter of 2010, American Dairy expects total revenue to exceed $60 million, while analysts estimate revenue of $59.84 million.

Recently, Rodman & Renshaw, and Oppenheimer & Co rated the stock an outperformer with a target price of $21 and $25, representing an upside of approximately 25-50%, respectively.

China Green Agriculture, a leading producer and distributor of humic acid based compound fertilizer, surpassed analyst estimates of 21 cents per share, by reporting earnings of 22 cents per share during the third quarter of 2010. The company also registered a revenue growth of 52.0% year over year.

For the full year ending June 2010, the company increased its earnings guidance to 90 cents to 91 cents per share, representing a year over year increase of approximately 15%.

Recently, Roth Capital Partners and Chardan Capital rated the stock a buy with a target price of $15.50 and $18, representing an upside of 50-80%, respectively.

More on Agriculture
Agribusiness Bulls Led to Slaughter

2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,987.51 -61.49 -0.36%
S&P 500 1,985.54 -11.91 -0.60%
NASDAQ 4,567.5980 -24.2080 -0.53%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs