Buy Alert: July 29, 2015

| July 29, 2015

Buy Alert:  July 29, 2015

 

Trade Details

Buy Mosaic (MOS) August 21st 43 Calls for $1.00 or better (lower)

 

Why?

MOS is one of the giants of the fertilizer industry.  The stock hasn’t done very well this year because the prices of most agricultural commodities have declined.  However, MOS itself is still an excellent company with an attractive valuation.  Moreover, we could see an uptick in grain prices in the near future based on summer weather conditions.

We’re going to buy August calls.  Conservative investors can take profits at $44.50.  Aggressive investors can hold up to $46.  For risk control, conservative traders should exit at $40, while more aggressive traders can hold down to $38.

 

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Mosaic

 

Category: OTW Buy Alerts