Mosaic (MOS) Gains on Strong Demand Amid Soft Fertilizer Pricing
Mosaic(MOS) ZACKS·2024-06-26 12:30
The Mosaic Company (MOS) is gaining from healthy demand for phosphate and potash and actions to improve its cost structure amid headwinds from weaker fertilizer prices.The company’s shares are down 15.5% over a year compared with a 17.4% decline recorded by its industry. Image Source: Zacks Investment ResearchMosaic, a Zacks Rank #3 (Hold) stock, is well-positioned to gain from the strong demand for phosphate and potash, aided by favorable agricultural conditions. Attractive farm economics and improved affo ...