#5 - Mosaic (NYSE:MOS)
According to the company’s own fact sheets, Mosaic (NYSE:MOS) accounts for 50% of granular phosphate fertilizer in North America and 12% of the same commodity worldwide. That’s reason enough to add Mosaic to this list of agricultural stocks to buy.
The company is headquartered in Tampa, Florida, which carries significance because of hurricane season. It’s a simple case of supply and demand. The company exported approximately $1.4 billion in phosphate fertilizer in 2020. That can make MOS stock attractive in the short term for active traders.
And in the long term, the company has attractive fundamentals, including a P/E ratio that is approximately 5.5x earnings. The company has grown its free cash flow (FCF) in the last two years. And with year-over-year revenue and earnings showing significant growth, investors have reason to believe that Mosaic’s FCF will continue to climb higher.
About Mosaic
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.
Read More - Current Price
- $26.03
- Consensus Rating
- Hold
- Ratings Breakdown
- 4 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $33.22 (27.6% Upside)
