I don't think it's unfair to ask if Monsanto (NYSE:MON)
is running out of rabbits to pull out of its hat to satisfy the
notoriously short-term attention spans of the Street. The Brazilian
launch of Intacta has gone well, the company's Climate Corp offerings
are off to a good start, the company maintains an impressive lead in
trait development, and has multiple long-term opportunities like
dual-stack soybeans, microbials, and biocides. Yet, the company no
longer posts big quarterly beats and expectations for next year have
come down due in part to weaker fundamentals in the corn market.
I
believe it's a matter of perspective. For long-term investors, I don't
think there's a better ag company out there, and I expect Monsanto to
widen its lead in the seed/traits business, add new opportunities to its
productivity/protection business, and really make the most of its
Climate Corp offerings. In the short term, though, the shares have held
their own with DuPont (NYSE:DD) and Bayer (OTCPK:BAYRY) and beaten Syngenta (NYSE:SYT), but the going may be getting a little tougher.
Read more here:
Monsanto Looking To Balance The Near-Term And Long-Term Opportunities
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