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Bargain #2: The Mosaic Company (MOS)
I made Mosaic (MOS) one of my Top 10 Stock Picks for 2009, and I’m glad I did. Shares of MOS are already up more than 30% since the start of the year. So how can this stock be a Presidents’
Day bargain?The answer is simple: There are more gains to come for this key supplier of nutrients to the agriculture sector. In 2008, hedge
funds and other institutions were forced to sell shares of MOS as a result of margin calls. There was nothing fundamentally wrong
with the future prospects of MOS. If anything, those prospects were more promising as food and agriculture typically perform well
during recessionary periods. Investors should have been buying this stock, not selling it.Now MOS is on sale. Shares trade for only $44 per share, well below the 52-week peak of $163. The company is very profitable, and
at current prices, shares trade for less than 6 times earnings.As they say, what a bargain!
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