An Ag Stock That Should Benefit from the Drought
July 23, 2012 at 14:41 PM EDT
Mosaic (MOS) shares have not reacted as much as might be expected to the recent 50% surge in grain prices caused by a drought in the Midwest. Expect that to change, writes Citi analyst PJ Juvekar in upgrading the shares to Citi’s Top Picks list. “This is in contrast to substantial evidence of high correlation, [...]
