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Monsanto Growing Like A Weed Today



January 12, 2011 – Comments (0)

Monsanto Co.(NYSE:MON) is spiking higher today by over $2.41 to $74.93. The entire agriculture stock sector is trading higher across the board. Monsanto has increased higher by nearly 60.0 percent since early October 2010. The stock will have some minor intra-day resistance around the $75.00 level today. Monsanto is one of the stronger stocks today and it could rally further should the U.S. Dollar Index decline further. It is important to remember that the agriculture stocks often behave much like the commodity stocks.

Nicholas Santiago

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