5 Best Materials Stocks for 2021

2. The Mosaic Company (NYSE: MOS)

Number of Hedge Fund Holders: 38

The Mosaic Company (NYSE: MOS) is a producer and marketer of concentrated phosphate and potash crop nutrients in the US and internationally. The company ranks 2nd on our list of the best materials stocks for 2021.

In a report after the latest consumer inflation data, UBS named The Mosaic Company (NYSE: MOS) among the stocks it recommends to investors on the back of pricing power, margin momentum and input cost exposure.

In the first quarter of 2021, The Mosaic Company (NYSE: MOS) had an EPS of $0.57, beating estimates by $0.04. The company’s revenue was $2.30 billion, up 27.75% year over year and beating estimates by $50.62 million. It has a gross profit margin of 15.42% and the stock has gained 34.31% in the past 6 months and year to date.

By the end of the first quarter of 2021, 38 hedge funds held stakes in The Mosaic Company (NYSE: MOS) worth roughly $944 million. This is compared to 39 hedge funds in the previous quarter with a total stake value of roughly $841 million.

Appleseed Fund, an investment management firm, mentioned The Mosaic Company (NYSE: MOS) in its first-quarter 2021 investor letter. Here’s what they said:

“Our most significant contributors to the Fund’s equity performance during the quarter (includes) Mosaic Company (MOS). As for Mosaic, its share price has risen in sympathy with increasing grain prices, which should stimulate additional farmer investment into improving crop yields.”