The other Hugh Grant (MON, rated BUY)
July 21, 2008
A few months ago the other hugh grant offered up a doubling of profits over the next 4 years. GM crops are becoming more and more prevalent in todays society. With most regulatory concerns addressed and the WHO’s constant reminder that we don’t have enough food for the entire world, what has been dragging this stock down lately? I think Goldman-Sachs put a target of about 140 on the stock last year. I don’t think that is too unreasonable. Are most investors balking right now because of the P/E ratio?
The other Hugh Grant (MON, rated BUY)
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