{"id":10465,"date":"2022-12-15T17:00:59","date_gmt":"2022-12-15T22:00:59","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=10465"},"modified":"2022-12-15T14:25:30","modified_gmt":"2022-12-15T19:25:30","slug":"my-no-1-undervalued-stock-for-2023","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/my-no-1-undervalued-stock-for-2023\/","title":{"rendered":"My No. 1 Undervalued Stock for 2023"},"content":{"rendered":"
Right now, the top potash provider in the United States is trading at a key support level.<\/p>\n
This could be one of the most important companies in 2023.<\/p>\n
And as I’ll explain below, now is the time to buy.<\/p>\n
Here’s the situation…<\/p>\n
Based in Tampa, Florida, The Mosaic Company <\/strong>(MOS) produces and markets concentrated phosphate and potash crop nutrients. It operates through three segments:<\/p>\n As I’m sure you know, phosphate and potash are used for fertilizer.<\/p>\n In fact, Mosaic represents the largest producer of potash and phosphate fertilizer in the U.S.<\/p>\n It’s a pure play on critical need<\/em><\/strong>.<\/p>\n In September 2020, a report published in Nature<\/em> warned that soil erosion could aggravate the global phosphate shortage – which is needed to help grow crops.<\/p>\n And now Russia’s invasion of Ukraine poses severe challenges for the global fertilizer market.<\/p>\n That’s why MOS is one of my top picks for 2023. Very cheap.<\/p>\n Trading at just 4.9 times forward earnings, it’s very, very undervalued.<\/p>\n It also enjoys strong profit margins – with a return on equity of over 33%.<\/p>\n Best of all, the stock is trading right at a key support level of $45, which has held dating back to September.<\/p>\n Now is the time to buy.<\/p>\n <\/a><\/p>\n <\/p>\n 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 MOS is my top undervalued stock pick for 2023 – but only at these levels!<\/p>\n If you are looking for more value plays for the new year, my colleague Karim Rahemtulla has been singing the praises of what he’s calling \u201cThe Last Great Value Stock<\/a>.\u201d It’s a well-known stock, and the crazy thing is… it’s trading under $2! Even if it were trading at $56, it would still be a value.<\/p>\n\n
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\nWhat’s more… MOS is cheap.<\/p>\nYOUR ACTION PLAN<\/strong><\/h2>\n