8. Monsanto (MON) is a leading provider of agricultural products for farmers worldwide. The company operates through its subsidiaries in these main segments: Seeds, Genomics and Agricultural Productivity. The company provides seeds, develops biotechnology trait products and herbicides for farmers.
For the first quarter of 2011, the company reported an 8% increase in net sales and swung to a net income of $6 million from a loss of $19 million in the year-ago quarter. Heading into 2011, based on its first-quarter results, the company expects earnings per share in the range of $2.72 and $2.82 and capital expenditure between $600 million and $700 million. Of the total spend, 43% is allocated toward biotech. Furthermore, nine biotech projects are advancing across platforms that were added in the past two years.
Monsanto and Sapphire Energy recently announced an agreement to enter a multi-year collaboration that will leverage Sapphire's algae-based research platform to discover genes that could be applied to agriculture. Monsanto says it will make an undisclosed equity investment in Sapphire.Of the 25 analysts covering the stock, 40% recommend a buy while 52% rate a hold. Data from Bloomberg has analysts forecasting the stock gaining 5.5% to $76.2 in the upcoming 12 months.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV