Morningstar's Pat Dorsey Likes Monsanto Company

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Dec 21, 2009
Pat Dorsey, Director of Equity Research has released two videos. Among other stocks, he likes Monsanto in particular.

Monsanto is a is a worldwide provider of agricultural products for farmers. The Company’s seeds, biotechnology trait products, and herbicides provide farmers with solutions to produce foods for consumers and feed for animals. The Company operates in two segments: Seeds and Genomics, and Agricultural Productivity . Monsanto Company has a market cap of $43.89 billion; its shares were traded at around $80.52 with a P/E ratio of 18.3 and P/S ratio of 3.74. The dividend yield of Monsanto Company stocks is 1.32%. Monsanto Company had an annual average earning growth of 30.7% over the past 5 years.

Dorsey thinks the market had been focusing too much of the troubled Roundup group and not enough on Monsanto’s seed business, which will be the growth driver for the company in the next couple of years.