FMC Corp
FMC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $192.00 | Zzmrt | Zyxhvwpfd |
FMC's Premium Product Launches Should Increase Profits Across Diverse Geographic and Crop Exposures
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Business Strategy and Outlook
FMC is a pure-play crop chemicals producer. The company is one of the five largest patented crop protection companies globally. FMC acquired Cheminova in 2015, increasing exposure to Europe and expanding its portfolio of crop chemicals. In late 2017, FMC acquired DuPont's divested crop chemicals portfolio, which included blockbuster insecticide Rynaxypyr. At the same time, the company divested nonagriculture businesses.