Investing website DIVIDEND.com  says agriculture stocks are extremely undervalued

Investing website DIVIDEND.com says agriculture stocks are extremely undervalued

Kelly Allen
Kelly Allen
This is the Agribusiness Update I'm Susan Allen Investing website DIVIDEND.com says agriculture stocks are extremely undervalued. Citing Bayers attempt at buying Monsanto along with several other major agriculture stock –related mergers and buyouts over the past six months. Dividend anaysist Aaorn Levit calls "buying stock on the hope of a buyout a stupid stragegy", but said "buying undervalued companies and collecting some pretty impressive dividends is not and that the bulk of the agriculture sector fits into the latter camp". On that note compared to tech and medicine the ag sector has lagged behind in angel investors and start up funds but the New York Times reports that investment in early-stage agricuutre is "springing to life". An new accelerater as been founded to assist start up ag companies. It's backed by Bayer and Syngenta along with Venture captial firms that typically focus on pharmaceuticals, not farms. It has been seeded with $11.5 million with more funding projected. 499 ag companies attracted $4.6 billion in investments in 2015. US companies received over half that amount. I'm Susan Allen with the Agribusiness Update.
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