(May 16, 2011 update: All future stock posts will appear on my new subscription-only website at www.GoodfellowLLC.com. Please visit!)
Mosaic Company (MOS) produces fertilizer, a.k.a. “concentrated phosphate and potash crop nutrients" for the global agriculture industry. Click here to read about fertilizer earnings, rising food prices, and fertilizer stock prices .
Projected consensus EPS growth is +118%, +30.5%, and +11.2% for fiscal years 2011-2013. Mosaic's PE is 18.
Mosaic stock is still steadily recovering from the 2008 financial meltdown. It has most recently been trading in the $74 - $89 area. There is some active litigation which adds risk to the stock price, and it is unlikely that the litigation will be resolved quickly. I would be happy buying at the current price and selling near the top of the trading range in the short-term.