Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Right now, the top potash provider in the United States is trading at a key support level. This could be one of the most important companies in 2023. And as I'll explain below, now is the time to buy. Here's the situation... Based in Tampa, Florida, The Mosaic Company (MOS) produces and markets concentrated phosphate and potash crop nutrients. It operates through three segments: - Phosphates
- Potash
- Mosaic Fertilizantes.
As I'm sure you know, phosphate and potash are used for fertilizer. In fact, Mosaic represents the largest producer of potash and phosphate fertilizer in the U.S. It's a pure play on critical need. In September 2020, a report published in Nature warned that soil erosion could aggravate the global phosphate shortage - which is needed to help grow crops. And now Russia's invasion of Ukraine poses severe challenges for the global fertilizer market. That's why MOS is one of my top picks for 2023. |
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