In a new report, Bank of America analyst Laurent Favre discusses the path forward for Syngenta in a difficult agriculture environment.
Monsanto’s $46 billion bid this week for Syngenta was a slight improvement on a previous offer, but Syngenta rejected the bid and said that it “significantly undervalued the company and was fraught with execution risk.”
Among the issues that Syngenta reportedly had with the offer were revenue and cost savings estimates and tax inversion risks.
For now, Bank of America remains…
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!