Right now, the top potash provider in the United States is trading at a key support level.
This could be one of the most important companies in 2023.
And as I’ll explain below, now is the time to buy.
Here’s the situation…
Based in Tampa, Florida, The Mosaic Company (NYSE: MOS) produces and markets concentrated phosphate and potash crop nutrients. It operates through three segments…
- Phosphates
- Potash
- Mosaic Fertilizantes.
As I’m sure you know, phosphate and potash are used for fertilizer.
In fact, Mosaic is the largest producer of potash and phosphate fertilizer in the U.S.
It’s a pure play on critical need.
In September 2020, a report published in Nature warned that soil erosion could aggravate the global shortage of phosphate – which is needed to help grow crops.
And now Russia’s invasion of Ukraine poses severe challenges for the global fertilizer market.
That’s why Mosaic is one of my top picks for 2023.
What’s more… the stock is cheap.
Very cheap.
Trading at just 4.9 times forward earnings, it’s very, very undervalued.
It also enjoys strong profit margins – with a return on equity of over 33%.
Best of all, the stock is trading right at a key support level of $45, which has held dating back to September.
Now is the time to buy.
Bottom line: Fertilizer is a critical need. And buying the top potash provider at $45 support could set you up for one of your biggest winners of 2023. That’s why Mosaic is my top undervalued stock pick for 2023 – but only at these levels!
If you want to see how you can take technical analysis like this to the next level, I have something special to share with you…
It involves a trading pattern and new software I’ve reserved only for members of my elite trading community. But in 2023, I am going to change that and open it up to Liberty Through Wealth readers.
For 20 years, I had to search out… scan… and locate every single opportunity. Across 5,000-plus stocks, it’s impossible for one person to do.
