Mosaic (MOS) Climbs 4% on Bargain-Hunting

We precocious published 10 Big Names Leaving Wall Street successful the Dust; 4 astatine Fresh Highs. The Mosaic Company (NYSE:MOS) is 1 of the champion performers connected Friday.

The Mosaic Company extended gains to a 2nd time connected Friday, adding 4.05 percent to decorativeness astatine $26.21 apiece arsenic investors resorted to bargain-hunting pursuing a driblet earlier successful the week, dampened by an analyst’s terms people downgrade for its stock.

On Wednesday, RBC issued a caller terms people of $27 for The Mosaic Company’s (NYSE:MOS) stock, little than the $30 previously, connected expectations of a weaker fertilizer proviso adjacent year.

Additionally, RBC said that softer prices and little input costs are acceptable to situation the phosphate concern segment, which The Mosaic Company (NYSE:MOS) is presently implementing improvements in.

For its part, Zacks Research upgraded The Mosaic Company (NYSE:MOS) to “hold” from a “strong sell’ previously.

In different news, communal shareholders arsenic of the December 4 grounds day are acceptable to person $0.22 currency dividends connected December 18. This followed the results of its net show successful the 3rd 4th of the year, wherever it expanded its nett income by 237 percent to $411 cardinal from lone $122 cardinal successful the aforesaid play past year, connected the backmost of a $308 cardinal mark-to-market unrealized summation connected the worth of Ma’aden shares worthy astir $1.9 billion.

Net income besides accrued by 25 percent to $3.5 cardinal from $2.8 cardinal year-on-year, connected the backmost of higher income crossed its fertilizer, phosphate, and potash segments.

While we admit the imaginable of MOS arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.