5 Best Stocks For Inflation According to Redditors

In this article, we discuss the 5 best stocks for inflation according to Redditors. If you want to read our analysis of the overall consumer sentiment, go directly to 10 Best Stocks For Inflation According to Redditors.

5. The Mosaic Company (NYSE:MOS)

Number of Hedge Fund Holders: 66

The Mosaic Company (NYSE:MOS) is a Tampa, Florida-based miner and processor of phosphate and potash minerals into fertilizer.

On July 14, John Roberts at Credit Suisse initiated coverage on The Mosaic Company (NYSE:MOS) stock with an Outperform rating and a target price of $60. The analyst highlighted the low exposure of The Mosaic Company (NYSE:MOS) in the hydrocarbon-based nitrogen market as a positive. The company is expected to generate nearly 40% of its estimated EBITDA for 2022 through the sale of phosphate. Furthermore, The Mosaic Company’s (NYSE:MOS) exposure in Brazil is also beneficial because the country has the fastest growing fertilizer market and contributes more than 50% to the top line of The Mosaic Company (NYSE:MOS).

In its Q1 2022 investor letter, Carillon Tower Advisers discussed its stance on The Mosaic Company (NYSE:MOS). Here’s what the firm said:

“Despite a rally near the end of the quarter, major equity indexes closed lower as fear of U.S. Federal Reserve (FED) balance sheet tapering, interest rate hikes, and war in the Ukraine sent the bulls into retreat. Supply chains eased for some goods, but remained challenged for many commodities including energy, agriculture, and fertilizer due to war and general scarcity, and also in many consumer products as semiconductors remained in short supply. Potash and phosphate fertilizer producer Mosaic (NYSE:MOS) performed strongly as war exacerbated already short supplies of key oil and gas exploration.”

Overall, 66 hedge funds held a stake in The Mosaic Company (NYSE:MOS) as of Q1 2022.