Despite the drought, these companies are set to benefit from a long-term global boom in agriculture.
Guidance for the rest of the year is well below the company's prior projections.
Skyworks is upgraded to 'buy,' and Quanta Services is downgraded to 'sell.'
Stocks are mixed as investors await the release of minutes from June's Federal Reserve meeting.
Agricultural plays and gun makers are performing exceptionally well right now.
Economic fears have hit these stocks hard -- too hard, in some cases.
| Tags: | BBLCLFCWJohn ReesePOT |
Wall Street thinks the dry conditions will put more money in farmers' pockets.
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