Cosan (NYSE:CZZ)
CAPS Rating:
A global ethanol and sugar company with operations in Brazil.
A global ethanol and sugar company with operations in Brazil.
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Cosan's earnings are about to take off. With sugar at 24 cents per lb, and ethanol prices in Brazil up by 31% since July, the earnings reports will be outstanding for at least the next two periods. For the entire fiscal year, earnings will exceed $1.50 per share.
The stock is a bargain at $8.