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$120.21 0.80 (0.67%)
7/3/2008 1:00 PM

Monsanto Company (MON)

CAPS Rating:
****

A global provider of agricultural products for farmers.

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Avatar ricksdancer (51.29) Submitted: 5/15/08 2:39 PM : Outperform Start Price: $123.32 MON Score: 8.38

One word: Ethanol. I haven't owned this as long as I have owned Ricks, but have held it several years. It is up 335% in that time. That almost four and a half fold return on investment means my dividend yield is almost 2.5% compared to the current yield of .57%. I didn't even know it was an ethanol play until about two years ago. Back in 2003 I bought the top nine chemical companies by revenues. This is one of two I have left. All of the others except for one were sold at a profit when energy prices started going up. The other one I still have is Praxair.

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