Tuesday, January 03, 2017 10:52:27 AM
"The company now forecasts 2017 earnings in the range of $4.50 to $4.90 per share, which suggests year-over-year growth of 9.15%. Monsanto shares are currently priced at a forward P/E ratio of 22 based on fiscal 2017 estimates of $4.72 per share. The P/E puts Monsanto's valuation at about four points above the average stock in the S&P 500 index.
All told, Monsanto stock is not cheap, but with Bayer's $128 per share offer price still on the table, the risk-versus-reward favors owning Monsanto. And with President-elect Donald Trump's pro-business policies set to take effect, which increases the chances of the Bayer deal closing, Monsanto could be a way to grow the value in your portfolio." (See also: Who Are Monsanto's Main Competitors?)
http://www.investopedia.com/news/what-drives-monsanto-stock-2017-mon-bayry/
GO MON
"PEACE"
Now green and lean waiting on that final monetary cream....$128.00.
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