While Mosaic (MOS) faces headwinds from weak pricing, it gains on higher demand for phosphate and potash on the back of favorable agricultural market fundamentals.
Mosaic's stock price decline of -65% from April 2022 has turned it into a highly attractive investment opportunity for long-term investors. Historical comparisons on earnings, sales, cash flow, and book value point to tremendous upside if fertilizer prices are bottoming during 2024. As such, shares are supported by a sound valuation, with any turnaround in investor sentiment likely igniting a major rally.
Mosaic (MOS) reported earnings 30 days ago. What's next for the stock?