A stock that I have followed for years is Monsanto. It is the maker of Round-Up, and also of genetically engineered seeds that supply most of the corn and soybeans grown in the United States. It took a beating earlier this year when it announced that competition from generic pesticides would impact its full-year earnings. However, it has been on the upswing as of late, gaining almost 20% in the last 5 trading days. Also, it is usually a good sign that both the CEO and CFO have purchased about $3.5 million worth of the company stock.
Check it out.
- Robert
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