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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: , , , , , ,

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


1. deminvest - January 15, 2018

The Syngenta deal closed today with a double up of 379.29 per share, totalling EUR +1.934,76.
I just bought 5 SVJ at EUR 187.35 each, spending a total amount of EUR 936.75
I also got dividends in those last years.
A nice love story with an happy ending!

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