Today’s company is profiting from high demand…
As we’ve discussed recently here in DailyWealth, uncertainty has gripped the markets. Continued COVID-19 fears and inflation have led to global supply-chain issues…
And now, Russia’s invasion of Ukraine has made matters worse. Today’s company, however, is benefiting from the supply-and-demand challenges…
Mosaic (MOS) is the world’s leading producer of phosphate and potash, which are essential ingredients in fertilizer. The company has customers in more than 40 countries. And recently, Mosaic has experienced a surge in demand – and in its prices.
You see, Russia was the world’s largest exporter of nitrogen products in 2021. Now, sanctions could disrupt global supply – and Mosaic is positioned to pick up the slack. That’s in addition to the strong growth it’s already seeing… The company recently reported full-year revenue up 42% to $12.4 billion.
As you can see, MOS shares have soared over the past two years. They’re up 200%, and they recently hit a new all-time high. As long as this supply-and-demand picture lasts, this uptrend should continue…
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Source: Daily Wealth’s Market Notes