The Bad News Victims of 2008 are the New Victors of 2009

The Bad News Victors—Where to Go Long for 2009
Agriculture

Oh, how so many missed this one. I caved in to the chant "they gotta blow, they gotta blow" too soon and was way early on shorting these companies. And, of course, they started to crack once the market seers had said they were fundamentally different than other stocks.

In one sense, this is true. Even a deep worldwide recession will not stop growth in demand for better and more food—and that means more business for companies such as Potash (POT) and Monsanto (MON). I am not sure how far up they will go, but I certainly would not short them due to a deep recession.

Both Potash (POT) and Monsanto (MON) look good long in 2009.

Good luck trading in 2009!

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