Free stock pick for 12/28/2010
Mosaic Co (NYSE:MOS)-long
Initial idea is daily continuation pattern what is day trade. But also we can see weekly flag action and with good buying pace and volume it can turn in to swing trade. But I like to note that is because of holiday week mainly day trade idea.
The price-to-sales multiple is significantly higher than the average for all stocks what is positive for medium – to large company like MOS. The most recent quarterly earnings report was slightly lower than analysts’ consensus forecast (neutral/negative).
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