2024-01-23 12:30:00 ET
Summary
- VanEck Agribusiness ETF is currently a victim of investor sentiment toward the farming and agriculture sector.
- I like the potential for the MOO ETF here long term, but it is not close to showing price or fundamental catalysts that would prompt me to own it now.
- There will likely be a time for this well-constructed ETF, but probably when the market finally looks away from the sex appeal of tech stocks.
The VanEck Agribusiness ETF ( MOO ) is an exchange-traded fund, or ETF, that I reviewed in Nov. 2023 in my article "MOO: Cyclical Thematic ETF That Will Have Its Day, Just Not Right Now." I will ask myself the same question again....why am I writing about this "loser?"...
Read the full article on Seeking Alpha
For further details see:
MOO: There's A Big Problem On The Farm