jump to navigation

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: , , , , ,
add a comment

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.

(more…)

%d bloggers like this: