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How to Ride the Falling Dollar to Triple-Digit Wealth

April 7, 2008

By Louis Navellier, Editor, Blue Chip Growth

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Louis Navellier

Louis Navellier

Louis Navellier is one of Wall Street's renowned growth investors. Investing for over 27 years, he has earned a national reputation as a savvy stock picker and portfolio manager. The New York Times called him "an icon among growth stock investors."

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Today, thanks to a number of technological breakthroughs, it's now possible to run cars on ethanol. And doing so comes with two big benefits: (1) it produces fewer emissions and (2) it comes from right here in America's heartland—not the Middle East.

With Americans fed up with Middle East oil politics driving up the cost of gasoline, experts estimate that you could easily see ethanol go from a fringe fuel to a significant energy solution over the next five years.

One government report I read believes that by the year 2030, ethanol will fuel 30% of America's vehicles.

Already the government has mandated that gas producers replace MTBE with ethanol to reduce emissions and increase performance.

The result has put powerful upward pressure on corn prices as the twin forces of food and energy are squeezing prices higher.

As a result the price for corn—America's #1 food crop—has jumped 98% in 2006 alone and with it the fortunes of our top corn producer.

You needn't take my word. Keith Collins, chief economist of the U.S. Agriculture Department, puts it best: "The consequences of ethanol are the biggest thing going on in agriculture today. We are talking about a higher new benchmark for corn."

When you consider that corn and corn by-products are used not only for making breakfast cereals but also for making soft drinks and baked goods as well as for fattening cattle, pigs, and chickens...

...you can begin to see with your own eyes why I believe my top pick will be the triple-crown winner of three mammoth trends: the falling dollar, rising food cost and rising oil cost.

That's why if you take a small position in the world's leader in production of genetically engineered seeds, you could easily double your money in the next two years.

That's a big claim, I know, but the fact is that our top pick in this sector has already made readers 276% richer since February 2005 and is now on track to reap these gains with or without you.

Write This Name Down Now

Monsanto (MON) is by far the world's largest leading producer of bioengineered crops. In fact, the company's market share is so huge that experts estimate that Monsanto has developed 70% of the world's insect- and herbicide-resistant crops.

Do you realize what this means?

That's like having a 70% market share in the one commodity that every human being on Earth needs to survive—FOOD.

When you add the fact that demand for ethanol is putting powerful upward pressure on the price of corn, you can see why the company is about to hit the jackpot again as sales to China and India explode from the falling dollar.

In fact, as I just mentioned, if you had invested $20,000 in this company two years ago, you'd be sitting on $75,200 now. A $100,000 stake would now be worth $376,000.

And it's all because the demand for genetically modified seeds has exploded by 20% over the past two years, and the company has a locked-in market share.

So it's no surprise the company's first quarter earnings were up 184%, citing continued strength in its corn business with higher-than-expected sales of corn seeds in the #1 ethanol-producing nation on Earth, Brazil.

For these reasons alone, I could see the company handing us a 50% gain in the second half of 2008.

However, when you take a closer look at the company's global leadership and achievements over the past three years, even that estimate could be on the low side.