Monsanto: Pull-back is Buy opportunity

Filed under: Stocks to Buy

Monsanto's (NYSE: MON) stock has not cooperated since the June 15, 2009 Buy recommendation, as the shares have drifted about 10% lower.

Still, nothing has changed regarding MON's value proposition, hence I'm Reiterating my June 15, 2009 Buy recommendation, when shares were at $84.97. Higher-value-added, next-generation seeds will see substantial demand increases as the economic recovery progresses. Moreover, there is ample room to expand international sales, as emerging markets continue to develop their agriculture sectors and seek higher per acre yields.

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Monsanto: Pull-back is Buy opportunity originally appeared on BloggingStocks on Tue, 06 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

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