
Please try another search
The fertilizer industry is well positioned to capitalize on rising food prices. That is why domestic fertilizer companies Scotts Miracle-Gro (SMG) and Mosaic (MOS) are increasing their production. But let’s find out which of these two stocks is a better buy now.The Scotts Miracle-Gro Company (NYSE:SMG) manufactures, markets and sells branded consumer lawn and garden care products worldwide. The company operates through three segments—U.S. Consumer, Hawthorne and Other. In addition, it offers hydroponic products and lighting components that help in growing plants and vegetables indoors, using little or no soil. It serves home and garden centers, nurseries, large hardware chains, e-commerce platforms, and food and drug stores.
The Mosaic Company (NYSE:MOS) produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments—Phosphates, Potash, and Mosaic Fertilizantes. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services. MOS sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts.
The huge rise in food consumption during the COVID-19 pandemic has benefited the fertilizers industry, resulting in record net sales last year. However, the high demand for fertilizers to get good crop yields had caused a shortage in the supply of potash and phosphate, two major components used in producing fertilizers, leading to a rise in their prices.
(Reuters) - Twitter (NYSE:TWTR) removes over 1 million spam accounts each day, executives told reporters in a briefing on Thursday, as it reinforced its efforts to battle...
By David Shepardson WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun told Aviation Week in an interview that the planemaker could be forced to cancel the 737 Max 10 over...
Investing.com – Denmark stocks were higher after the close on Thursday, as gains in the Oil & Gas, Consumer Goods and Financials sectors led shares higher. At the close in...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.