×

Monsanto Is A Screaming ‘Buy’, Says Analyst

graphic_fast_money.jpg

Investors will be closely watching results from Monsanto Wednesday before the bell. What will they reveal about the ag trade?

It seems investors will be keen to see if Monsanto, the world's biggest seed maker, can show a clear path to greater profitability.

“I expect to hear their margins are doing better and better,” says BB&T analyst Frank Mitsch on Fast Money.

And Laurence Alexander of Jefferies is looking for profits of $1.20 per share slightly higher than the $1.18 per share average.

What’s the trade?

Alexander has a 'buy' on the stock but also says uncertainty will likely make the stock somewhat volatile and keep it fairly range bound.

That's practically bearish when compared to what Frank Mitsch tells the Fast Money desk. "Monsanto is a screaming buy at current levels," Mitsch exclaims.

I also love the name but I find it hard to determine a fair valuation, says Pete Najarian. However I’d say there’s much more upside to the stock than downside.

Hear more from analyst Frank Mitsch. Watch the video above.

Symbol
Price
 
Change
%Change
MON
---


______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On June 23rd, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (INTC) & Is Short (INTC) Calls; Najarian Owns (JPM) & Is Short (JPM) Calls; Najarian Owns (ORCL) Call Spread; Najarian Owns (YHOO) Call Spread; Terranova Owns (TER), (XBI), (BTU), (MSFT), (HES), (RIMM), (BTU), (MS); Terranova Is Short (GENZ) Call Spreads; Terranova Owns (GENZ) And Is Short (GENZ) Calls; Terranova Owns (DIS) Call Spreads; Terranova Is Short (XOM) Call Spreads; Finerman Owns (TBT); Finerman's Firm Owns (MSFT), (PBR), (RIG), (NOK), (TBT), (YUM), (WMT); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Is Short (BAC), (IJR), (MDY), (IWM), (SPY), (USO),(CAKE); Seymour Owns (BAC), (AAPL), (EEM), (FXI), (NOK), (PWRD)

BB&T Capital Markets expects to receive or intends to seek compensation for investment banking services from (DD)

BB&T Capital Markets expects to receive or intends to seek compensation for investment banking services from (MON)

CNBC.com with wires