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Stock of the Week: Mosaic
Earnings season begins in just a few days for my Blue Chip Growth stocks. Subscribers can see the entire calendar of earnings here.
We recently had some final earnings reports from companies whose quarter ended in February. The clear standout was Mosaic (MOS) which is this week's Stock of the Week.
Mosaic is one of the world's largest makers of phosphate and potash crop nutrients. With the continued high price of corn, soybeans, wheat and other commodities that are in short supply, agricultural stocks like Mosaic are continuing to profit. However, belonging to a continuously growing sector isn't the only factor that boosted Mosaic's earnings. Even though the company is located in Minnesota, more than two-thirds of their business comes from outside of the United States. Though the U.S. economy has caught the flu, most other countries are experiencing nothing more than an occasional sniffle. And that's nothing to sneeze about (if you catch my drift).
At my Stock of the Week section of NavellierGrowth.com, I've included a section where I can hear your thoughts on each week's choice. So let me hear what you have to say!
Get more of Louis' hot stock insights on his Navellier Growth Blog!
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