This Day On The Street
Continue to site
ADVERTISEMENT
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

8 Ag Chem Stocks With Upside Up to 128%: Analysts

8. Monsanto (MON - Get Report) 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.

2 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG
YONG $7.05 0.14%
AGU $103.79 0.00%
CF $288.55 0.00%
CGA $2.16 0.00%
MON $117.70 0.00%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs