Agriculture Moves

Posted by Bull Bear Trader | 4/10/2008 04:34:00 PM | , , | 0 comments »

Fast Money is once again mentioning the agriculture plays. Of notable interest is Dupont, which recently raised guidance once again after just raising it one month earlier. Option activity is also strong in the stock. Two other less popular stocks mention include Syngenta (which is like Monsanto in Germany) and Eastman Chemical Company. Eastman also recently raised guidance, stressing that higher sales volume is more than offsetting higher raw material cost. Technically, the stock is also displaying a bullish pattern after breaking out on guidance.