03-31-2011 01:57 PM - edited 03-31-2011 02:18 PM
On the tail of today's USDA reports, shares of ag companies climbed on several fronts, particularly with those related corn.
Investors are seeing opportunities in seed, fertilizer and farm-equipment stocks, according to a Dow Jones story (click here).
In early afternoon trading, Deere & Co. was up 2.4%, fertilizer manufacturer CF Industries Holdings soared 4.2%, and Monsanto had risen by 2.5%.
What ag stocks do you think got the biggest boost today? Stock tips anyone?
03-31-2011 07:40 PM
Too late for the ag stocks and they are correlated to our livelihood anyway. I am starting to think that Tokyo Electric Power company (tkecf on pink sheets) is getting cheap enough to be a gutsy buy. It is a utility stock so it should have some guaranteed cash flow but will the Japanese government nationalize it. Obviously down big since the tsunami.