Jim Cramer Is Watching Q1 Results From Monsanto on Wednesday

TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer is keeping a close eye on shares of agriculture company Monsanto (MON), which reports first quarter financial results prior to the opening bell on Wednesday. ‘I continue to believe that the untold story is not just that the farmers are weak worldwide, but GMOs (genetically modified organisms) – they’re hated by millennials,’ Cramer said. Cramer also thinks Monsanto is the most hated publicly traded company among millennials. The company is expected to post a net loss of $0.22 cents a share on sales of $2.41 billion. During the same quarter last year, the St. Louis-based firm reported earnings of $0.47 cents a share on revenue of $2.87 billion. Shares are down almost 17 percent over the past year.