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Jason Z. Wu
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Jason Wu is currently a portfolio manager at Optimization Asset Management LLC, a Long/Short hedge fund based in the U.S. Dr. Wu spent seven years as a quantitative strategist/portfolio manager at Perry Capital, an event driven hedge fund, where he managed quantitative strategies. Jason Wu also... More
My company:
Optimization Fund L.P.
My blog:
Market Diary
  • Another Chance to Buy Mosaic (MOS) 0 comments
    Jun 7, 2011 9:24 PM | about stocks: MOS, POT

    Mosaic (NYSE:MOS) is the largest integrated phosphate fertilizer producer and third largest potash fertilizer producer in the world. Historically, the stock price closely tracked Potash's (NYSE:POT) stock until January 18th when Cargill, majority owner of Mosaic, filed to sell 100 mm shares of MOS. Since then, Mosaic underperformed Potash Corp. by roughly 15% mostly due to the anticipated offering of these shares. After the offering finally took place on May 20th at $65/share, the stock quickly rebounded above $70. The recent sell-off brought the stock back down to $66.70 on June 7, giving investors another attractive entry point to own it. I believe the long term prospect of owning fertilizer stocks is very good, given the annual addition of 70 million people to the world population and the continued urbanization or industrialization in the developing countries. 

    Themes: Agriculture, fertilizer Stocks: MOS, POT
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