Mosaic Company (NYSE: MOS) Stock is Gearing Up for a Big Breakout

Agricultural nutrients producer Mosaic Company (NYSE: MOS) popped back on my radar earlier this week as many of its competitors began breaking through near-term resistance areas on their respective charts.

On Feb. 11, MOS reported a drop in its fourth-quarter earnings. The company earned $129 million, or $0.30 per share, compared with $616 million, or $1.44 per share, a year ago. However, the stock responded with a 2.4% rally on the day, getting the ball rolling for a more meaningful breakout through resistance.

  The day after the earnings report, Morgan Stanley (NYSE: MS) reiterated its "equal weight" rating on the stock in a marginally upbeat note. (more)

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