Monsanto (MON) is by far the world's largest leading producer of bioengineered crops. In fact, the company's market share is so huge that experts estimate that Monsanto has developed 70% of the world's insect- and herbicide-resistant crops.
Do you realize what this means?
That's like having a 70% market share in the one commodity that every human being on Earth needs to survive—FOOD.
When you add the fact that demand for ethanol is putting powerful upward pressure on the price of corn, you can see why the company is about to hit the jackpot again as sales to China and India explode from the falling dollar.
In fact, as I just mentioned, if you had invested $20,000 in this company two years ago, you'd be sitting on $61,000 now. A $100,000 stake would now be worth $305,000.
And it's all because the demand for genetically modified seeds has exploded by 20% over the past two years and the company has a locked-in market share. Monsanto remains a great buy!
$131.98 (06/03/08)
