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Monday, December 6, 2021

Sitting on a Cash Pile 13.0? Agriculture Commodities Need Food, This Company Supplies it to the World

#cash #bullish #buy


The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients in North America and Internationally” — Paul Ebeling

The Mosaic Company (NYSE:MOS) broke out on 16 November 2020 at 18.78 and confirmed on 12 April at 31.77. Thus, garnering an HeffX-LTN Cash Pile Buy signal with a 1yr target price of 51/share. The Street consensus target is at 33.68.

Currently MOS is trading at 32.45 just shy of its 5yt highs at 36 and within it 52wk range of 9.57 – 35.20

The support is Strong at 31.30 and the resistance is Nil beyond 35.92. And Key technical indicators are Very Bullish.

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and Internationally.

The company operates through 3 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.

The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant.

In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products.

The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts.

The Mosaic Company was incorporated in Y 2004 and is HQ’d in Tampa, Florida.

Have a healthy day, Keep the Faith!

Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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