Page 1
Page 1
Started By
Message

Should I buy monsanto stock?

Posted on 9/4/15 at 10:23 am
Posted by iamAG
Member since Aug 2015
3517 posts
Posted on 9/4/15 at 10:23 am
I know everyone hates the company personally, but the stock is at $95.98. I am new to stocks and someone told me agriculture stocks are a safe bet. I admit I am just starting research on stocks and was just recently told to look into ag stocks. Just wanted some opinions as I am really just getting into it.



PS: if anything I said was ignorant forgive me. Still learning.
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 9/4/15 at 11:22 am to
Best bet is to not put too much into anything. I've been about 30% in O&G and am getting killed right now in it. Also depending on your plan depends on what you put money into. For me I want to retire at 50. That is 26 years from now. I care immensely what I will have then as opposed to now.

This sums it up quite nicely.

Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 9/4/15 at 11:31 am to
quote:

Should I buy monsanto stock?


I bought monsanto about 18 months ago after their first slide. I really like their product mix, but i haven't gotten killed.

basically don't listen to my stock picsk. I suck at it.
Posted by absolute692
US of A, MFer
Member since Feb 2007
3964 posts
Posted on 9/4/15 at 2:21 pm to
I think this company has a bright future. $1 Billion plant expansion and have been trying to purchase Syngenta. Expecting to double earnings by 2019. I think it's pretty safe buy and hold for 5 years.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 9/5/15 at 12:00 am to
quote:

agriculture stocks are a safe bet.


I love MON. I have been purchasing some this week. I see great things for this company if you can hold the stock for the next decade.

I do not agree with the person that told you ag stocks are a safe bet. That said, the world is growing and our ag resources are limited. The world will always need grain and protein.

Posted by goodbuds
Augusta, Georgia
Member since May 2015
306 posts
Posted on 9/5/15 at 7:32 am to
Cramer from the tv series on CNBC, Mad Money, insists that inexperienced investors invest their first $10,000 in an index fund.

I don't always agree with Cramer, but he's probably right about that.

I did get lucky with my 1st $10,000 and did not invest in a mutual fund.

I'd find something cheaper than Monsanto.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70885 posts
Posted on 9/5/15 at 5:32 pm to
I'm not sure I'd do too much with stocks right now. It's the year before an open-seat presidential election. That means a LOT of uncertainty.

You basically have to get lucky and bet on the company that's friends with the eventual winner of the election (ie Goldman Sachs for Ogump, Halliburton for W).
Posted by iamAG
Member since Aug 2015
3517 posts
Posted on 9/6/15 at 9:42 am to
Thank yall for all the advice. I just figured monsanto because regardless of how things turn out, we will need seeds and round up. Lol
Posted by Martini
Near Athens
Member since Mar 2005
48829 posts
Posted on 9/7/15 at 9:28 pm to
It is a good solid company if you are just picking stocks. I have bought it every year since around 2000 when it was hell I guess around 20. It was up around 140 or so around 2009. My brother in law was way up with them for years which is the reason I started buying but you are right. We have to feed the world and GM seeds, like them or not aren't going away and neither is Monsanto.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16210 posts
Posted on 9/8/15 at 8:51 am to
quote:

For me I want to retire at 50


If this is your goal, then don't have any kids. They will suck every dollar out of you. Once you have kids, that goal will be pushed out to 65 like the rest of us
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 9/8/15 at 9:17 am to
quote:

If this is your goal, then don't have any kids. They will suck every dollar out of you. Once you have kids, that goal will be pushed out to 65 like the rest of u


I have a feeling I will have a few. Thankfully I got started early investing and I should have quite the nest egg by then.

My goal is to be able to make $50k a year off of dividends by 2041. I cleared $8k this past year.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 9/8/15 at 10:17 am to
quote:


I have a feeling I will have a few. Thankfully I got started early investing and I should have quite the nest egg by then.

My goal is to be able to make $50k a year off of dividends by 2041. I cleared $8k this past year.


Dividend stocks aren't the only way to do it. They can be a great investment, but in order to get enough dividends to survive off of you are going to have a very large nest egg.

Most early retirees use a combination of interest, dividends and eating into principle. LINK /
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 9/8/15 at 4:05 pm to
True, I plan on having just that large of an egg. MMM is a good read.
Posted by Jag_Warrior
Virginia
Member since May 2015
4082 posts
Posted on 9/8/15 at 7:04 pm to
quote:

If this is your goal, then don't have any kids. They will suck the life out of you.


Fixed that for you.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/8/15 at 8:09 pm to
I wouldn't say ag stocks are a safe bet overall. I don't know specifically about Monsanto but ag business is pretty volatile.
Posted by notsince98
KC, MO
Member since Oct 2012
17954 posts
Posted on 9/9/15 at 8:29 am to
Monsanto's roundup just got hit with the carcinogen label. If you think organic is going to become more popular, Monsanto's future isn't looking all that good right now.

I would personally stay away from it.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/9/15 at 11:15 am to
Know how much of US's ag production is roundup ready? A lot. I don't see it changing a lot.

of course it's California
This post was edited on 9/9/15 at 11:22 am
Posted by notsince98
KC, MO
Member since Oct 2012
17954 posts
Posted on 9/9/15 at 12:23 pm to
quote:

Know how much of US's ag production is roundup ready? A lot. I don't see it changing a lot.

of course it's California


Who care how much there currently is if it is likely to decrease? Decreasing would make it a loser, not a winner at this point.

Of course there is a lot of it but more and more studies are showing that there are correlations between GMOs and health issues. Of course correlation doesn't equal causation but until GMOs have much more research behind their unintended consequences, you will see them disappear more and more.

Around here, the organic movement has saved the mom and pop farms. They can charge ridiculous amounts for organic produce such that they can not only survive but prosper off of MUCH less yields than the corporate farms. Corporate farmers aren't going to ignore that easy money forever.
This post was edited on 9/9/15 at 12:24 pm
Posted by iamAG
Member since Aug 2015
3517 posts
Posted on 9/9/15 at 1:34 pm to
But I thought GMO's were only a part of Monsanto. They do much more than that. I can't see stock taking a major hit, but I am a newbie.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram