Friday, March 7, 2008

Goldman Sachs Hikes Ag/Fertilizers (MOS, MON, MOO)

From 24/7 Wall Street:

Goldman Sachs has come out positive on two companies that overlap in agriculture and fertilizer plays this morning, and it has raised estimates and targets: The firm recently visited Monsanto (NYSE: MON)...

...On a macro call, Goldman Sachs actually sees corn plantings declining any acreage increasing, with a rapid adoption of biotech traits. If one person has been behind anything related to agriculture, it is Jim Cramer and you can see his new agriculture pick for $16 corn/wheat or you can see his top five picks for the agriculture group here....MORE