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: agriculture, biotech, crops, food, GMO, OGM, Swiss
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I ended up choosing Swiss company Syngenta AG (SYT) over US Monsanto (Mon)
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: (more…)
Monsanto (MON) a stock I always wanted is now affordable. But is it ethical? Is it better than its less expensive competitor Syngenta (SYT)? May 5, 2010
Posted by deminvest in investment, MON, Monsanto, Syngenta, SYT.Tags: agriculture, corn, crop, ethical, omg, seeds
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Monsanto is most famous (or infamous depending on the point of view) multinational linked to agriculture.
Genetically modified by Monsanto
They produce seeds, GMO seeds, fertilizers and herbicides. A couple of years ago Monsanto did really well as price of food had gone up sharply.
As world population grows and developing countries become richer, more and more food needs to be produced.
No doubt Monsanto is well placed to profit of such trends.
Price for MON shares is reasonable, if one looks at Forward P/E= 16. Less so if one looks at current P/E=25
Price on Sales = 3 is a bit high.
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