Mosaic and the Fertilizers are In Play
TheStreet Premium Services
A complimentary preview
of Options-Profits Previews
TheStreet.com has a
buy rating on The Mosaic Company
(MOS). I think that the fertilizer chemicals sector has turned positive, MOS being of that sector's best stocks.
Technically, MOS is forming into my coiling pattern. Should the one year time-frame of the slow stochastic as well as RSI continue to improve their upward momentum MOS could break out into the mid-to-high $60's.
MOS has cash on hand net of all debt over $5/share. Any company in that fundamental position is one that is well-managed and able to adjust to changing market conditions, both good and bad. The conditions for MOS since the fall of 2011 have not been too favorable. But, things do change, sometimes for the better.
The fertilizer sector has had its share of recent problems to overcome, one being a supply imbalance relative to demand. However that market bias seems to be overstated, if not in a big way. This improving situation for MOS was not missed by certain investors.
Trade: Buy to open 3 MOS September 62.50 calls for $2.40 and Sell to open 3 MOS September 67.50 calls at $1.00.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Select the service that is right for you!COMPARE ALL SERVICES
- $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
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV