jump to navigation

Just bought 5 shares of Syngenta AG (SYT for NYSE, SVJ.FRA for XETRA)) May 7, 2010

Posted by deminvest in Defensive Stock, investment, MON, Monsanto, SVJ.FR, Syngenta, SYT.
Tags: , , , , , ,
trackback

I ended up choosing  Swiss company  Syngenta AG (SYT) over US Monsanto (Mon)

less controversial, equally agriculture multinational

I just bought 5  SVJ at EUR  187.35 each, spending a total amount of  EUR 936.75.0
I think this agriculture company may be a good defensive stock. After all people eat bread even during economic turmoil times.
I chose Syngenta over Monsanto for several reasons:
  1. Less controversial than Monsanto
  2. Produces in Europe. It may be advantaged by lower EURO
  3. Lower P/E and higher Dividend rate

I am afraid it may have been a mistake because I read around that Monsanto has better GMO biotech technologies

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: