Monsanto Company (MON): Today's Featured Basic Materials Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 0.2%. By the end of trading, Monsanto Company rose $1.43 (1.5%) to $97.65 on average volume. Throughout the day, 3,260,087 shares of Monsanto Company exchanged hands as compared to its average daily volume of 3,094,900 shares. The stock ranged in a price between $97.07-$99.65 after having opened the day at $97.29 as compared to the previous trading day's close of $96.22. Other companies within the Basic Materials sector that increased today were:
(
), up 20.2%,
(
), up 16.5%,
(
), up 12.2% and
(
), up 11.4%.
Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. Monsanto Company has a market cap of $51.3 billion and is part of the chemicals industry. Shares are up 1.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Monsanto Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Monsanto Company
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Monsanto Company Ratings Report.
On the negative front,
(
), down 20.0%,
(
), down 12.7%,
(
), down 12.7% and
(
), down 6.2% , were all laggards within the basic materials sector with
(
) being today's basic materials sector laggard.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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