5 George Soros Stocks that are on Sale Now

3. FMC Corporation (NYSE:FMC

Year to Date Loss: 47%
Number of Hedge Fund Holders: 32

FMC Corporation (NYSE:FMC) is a company that the Soros Fund Management firm uses to diversify its holdings into the agricultural sector. The company provides crop protection, plant, health, and professional pest and turf management products. It also develops markets and sells crop protection chemicals, including insecticides, herbicides, and fungicides.

FMC Corporation (NYSE:FMC) has been under pressure in 2023, going by the 47% slide in the market. Weakness in sales volume and adverse product market conditions have significantly impacted the company’s fortune. The company has had to cut its revenue outlook for the year due to an unexpected decline in inventory and sales related to extreme weather patterns.

Even as FMC Corporation (NYSE:FMC) is weak in the market, analysts remain optimistic about its long-term prospects with a Moderate Buy rating and a $107 price target with a 60.18% upside potential.

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