Monsanto Booked a New High

Facebook (FB)

JP Morgan (JPM)

AutoZone (AZO)

Yahoo (YHOO)

Apple (AAPL)

Medtronic Reports Fourth Quarter Earnings

Cracker Barrel Reports Earnings, Increases Guidance

Best ETFs For Facebook Exposure

Is Yum! Brands Closing in to Support?

Intuitive Surgical Bullish Signs

Monsanto Booked a New High

Published on Monday, 09 January 2012 12:34 Written by Danny Miller

mon New York, January 9th (TradersHuddle.com) - Shares of Monsanto Company (NYSE:MON) booked a new 52 week high today by trading above $78.71, traders are definitely monitoring Monsanto's price action to see if this move attracts further buying into the stock.

Monsanto Company (NYSE:MON) principal activities are to provide agricultural products consisting of the global seeds and related traits businesses and biotechnology platforms. Its major brands include DEKALB, Channel Bio for corn, Asgrow for soybeans, Deltapine for cotton and Seminis and De Ruiter for vegetable seeds.

Monsanto is currently trading 1.41% versus its previous trading session close, and it has calculated support and resistance at $67.09 and $71.50 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading flat by -0% from its previous trading close, which means that Monsanto stock is outperforming the overall market.

UPDATE: Piper Jaffray Reduces PT to $92 on Monsanto on Pipeline Valuation - Benzinga
Monsanto CTO Robb Fraley Defines New Growth Layers For Company's R&D Pipeline - Benzinga
Monsanto Company to Purchase Planting Technology Developer Precision Planting for $210M - Benzinga
Stalking Monsanto - TheStreet.com
Monsanto Announces $50 Million Commitment To African Agricultural Development At Symposium On Global Agriculture And Food Security - Benzinga
Monsanto Company (MON): Today's Featured Chemicals Winner - TheStreet.com
Monsanto Company (MON): Today's Featured Chemicals Winner - TheStreet.com
Monsanto Company (MON): Today's Featured Chemicals Loser - TheStreet.com
Monsanto Lifts Guidance, Shares Rise - TheStreet.com
Monsanto Stock To Go Ex-dividend Tomorrow (MON) - TheStreet.com

Real Money Pro from TheStreet: Headlined by legendary hedge fund manager Doug Kass, our team of market technicians and professional traders hand you unique perspectives and breakthrough investment opportunities. Access this exciting service -- Real Money Pro -- FREE, right now!