While the market's reaction to Monsanto's (MON) earnings has calmed a bit as of this writing, investors were initially quite unimpressed with the results. While missing a quarterly number and/or lowering guidance relative to consensus is never a good thing, it would be a mistake to assume that Monsanto's seasonally weak fourth quarter gives a good read on near-term results. Given this company's technical leadership and management's "under-promise, over-deliver" inclinations, I'm in no hurry to cash out of these shares.
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Don't Judge Monsanto By A Slow Quarter