Beware Of A Dead Cat Bounce In Fertilizer Stocks (Monsanto Company (MON), Potash Corp./Saskatchewan (USA) (POT), Mosaic Co (MOS))

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Mosaic Co (NYSE:MOS)

Consider Mosaic Co (NYSE:MOS)’s one-year daily performance chart below.

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Mosaic Co (NYSE:MOS) is outpacing Potash Corp./Saskatchewan (USA) (NYSE:POT) at the moment, seeing as how this stock has peered above the highs seen on 7/31/2013. Despite this encouraging rebound, the company’s long-term fundamentals could suffer more if developments overseas lead to even lower potash prices. Similar to POT, anyone looking to jump in long should utilize a tight stop-loss here around $40 a share.

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Disclosure: No positions at time of writing

This entry was posted in Agriculture, Trading and tagged MON, MOS, POT. Bookmark the permalink.

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