Syngenta Hits All-Time Record High Today, Dec. 18, 2012
Good Evening, Bonsoir, Guten Abend, Buenas Noches,
Readers, the stock market has an uncanny way of sorting out who's naughty and who's nice. Take the agricultural arena, for example. Look at the two leading players in seeds and ag chemicals, which have left the lumbering DuPont bureaucracy in the dust since the turn of the century:
Switzerland-based Syngenta (SYT) just hit an all-time high this morning, trading at 81.77. Syngenta is the leading and largest global producer and seller of agricultural chemicals.
Superior-managed Monsanto (MON) flirted with its 52-week high of 93 this morning, trading at 92.73, 27 cents shy. Monsanto is the undeniably leading and largest producer of seeds for farmers around the world.
So where are the shares of DuPont, which has been mired in mediocrity and misfiring since 2000? The DuPont, whose grossly over-hyped "innovation" in ag chemicals for the 21st century is a multi-$billion bomb known as Imprelis, the insidiously toxic DuPont turf herbicide that has killed hundreds of thousands of mature trees countrywide, now mercifully banned by the U. S. EPA? DD is trading in the lower-forties, a long way from its peak of 84 set back over 14 years ago in May of 1998. DD has not even seen 60 since Feb. 3, 2000, nearly 13 years ago.
Merely the evening commentary and perspective of one individual retail investor with long positions in DD, MON, & SYT...funfun..
While shares of the Management-muddled DuPont languish, shares of Syngenta (SYT) hit yet another record high right off the bat in this morning's trading (Dec. 19, 2012). SYT soared to 83.19, up over 2%.