Business News
Why You Should Be Bullish on Mosaic Into Earnings
By
Andrew Keene
Jan 03, 2013 1:27 pm
While some analysts have recently downgraded MOS shares, Goldman reaffirmed its buy rating with a price target of $68.
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MINYANVILLE ORIGINAL Minnesota-based phosphate and potash global agriculture supplier Mosaic Corporation (NYSE:MOS) has split its last four earnings reports with an average move of 4% on the news.
While some analysts have recently downgraded the shares, Goldman reaffirmed its buy rating in a December 26, 2012 newsletter to investors with a price target of $68 – a number consistent with other estimates.
Mosaic also holds a 37% stake in the Canadian Canpotex, a Saskatchewan-based export giant that announced today a $400 million deal to supply Chinese state fertilizer company Sinofert (PINK:SNFRY) 1 million tons of potash in Q1/Q2 of 2013.
You can watch me trade all the Earnings Equity Options plays real-time with real money, here.
My Trade: Buying the Jan weekly 57.5-60 Bull Call Spread for $.75
Risk: $75 per 1 lot
Reward: $175 per 1 lot
B/E: $58.25
While some analysts have recently downgraded the shares, Goldman reaffirmed its buy rating in a December 26, 2012 newsletter to investors with a price target of $68 – a number consistent with other estimates.
Mosaic also holds a 37% stake in the Canadian Canpotex, a Saskatchewan-based export giant that announced today a $400 million deal to supply Chinese state fertilizer company Sinofert (PINK:SNFRY) 1 million tons of potash in Q1/Q2 of 2013.
You can watch me trade all the Earnings Equity Options plays real-time with real money, here.
My Trade: Buying the Jan weekly 57.5-60 Bull Call Spread for $.75
Risk: $75 per 1 lot
Reward: $175 per 1 lot
B/E: $58.25
No positions in stocks mentioned.
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