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My No. 1 Undervalued Stock for 2023

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Manward Financial Digest
 

My No. 1 Undervalued Stock for 2023

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A Note From Amanda: Today, we welcome our good friend Bryan Bottarelli, the Head Trade Tactician of Monument Traders Alliance, to the Digest. He's sharing his top value stock for 2023.

This stock just hit a key resistance level, making it a prime value play.

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Bryan Bottarelli

Bryan Bottarelli
Monument Traders Alliance

Right now, the top potash provider in the United States is trading at a key support level.

It 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...

[Have You Heard of the Bargain in Today's Market? Don't Miss Out]

Based in Tampa, Florida, The Mosaic Company (MOS) produces and markets concentrated phosphate and potash crop nutrients. It operates through three segments:

  1. Phosphates
  2. Potash
  3. Mosaic Fertilizantes.

As I'm sure you know, phosphate and potash are used to make fertilizer.

Mosaic is the largest producer of potash and phosphate fertilizers in the U.S.

It's a pure play on a critical need.

In September 2020, a report published in Nature warned that soil erosion could aggravate the ongoing global phosphate shortage. Phosphate is needed to help grow crops.

And Russia's invasion of Ukraine has also created 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.

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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.

Mosaic Co. Performance

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Your Action Plan: Fertilizer is a critical need, and buying the nation's top potash provider at a key support level could set you up for one of your biggest winners of 2023. Mosaic is my top undervalued stock pick for the year - but only at these levels!

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Bryan Bottarelli | Head Trade Tactician

Bryan Bottarelli started his career trading stock options on the floor of the Chicago Board Options Exchange (CBOE). As a so-called "play tactician," Bryan uses his hands-on knowledge of floor trading to shape opportunities and chart formations into elegant, powerful and profitable recommendations. Along the way, Bryan has developed a cumulative track record that could impress even the most successful hedge fund manager. He now spends his days moderating one of the most elite trading research forums ever created, The War Room.

 

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