Spinnerette: 02.21.24

-3.22 x 2 companies

FSLR + META

LET’S FARM

Farming is a subset of the Agricultural Industry that implements agricultural activities. From Latin, the word Agriculture is Ager = Land & Culture = Development. Farming is the occupation of growing plants and raising livestock. The first grain farming was reported to have begun around 8,000 B.C. Today, Agricultural Farming produces the vast majority of the world’s food supply.

As a stock, Farmland is a long-term investment and serves as a safeguard against inflation. The United Nations statistical analysis predicts that the world will need to produce 60% more food by the year 2050. According to USA Today, many Billionaire investors are enhancing their portfolios by snatching-up farmland for its stability and security. Ah, if only I had some extra $$$!!!

A DADDY LONGLEGS: China owns 1% - 384,000 acres of American Agricultural land whereas, Canada owns approx. 31% of the American Farmland Pie.

Indubitably, I must the popular Farmer’s Almanac into this week’s Spinnerette. The Farmer’s Almanac is an American journal that annually publishes the need to know information for farmers and curious minds. It contains weather predictions, planting schedules, astronomical tables, lore, recipes, anecdotes, and overall rural interests. The Almanac was first published by Robert B. Thomas in 1792 for the upcoming year of 1793. In 1830, the word Old was added to distinguish the Almanac from forgeries. Today, The Old Farmer’s Almanac is the longest continuous publication of any American journal. This Spinnerette: LET’S FARM has made me want to pick-up one this very day.

A DADDY LONGLEGS: China owns 384,000 acres of American agricultural land holding approx. 1% versus Canada with approx. 31%.

Today’s companies that created the spinnerette.anagram are:

FSLR is First Solar, Inc. a global manufacturer of solar panels and provider of utility-scale PV power plants. The company supports services that include finance, construction, maintenance and end-of-life panel recycling. It was founded by inventor Harold McMasters as Solar Cells, Inc. in 1990. In 1999 the company was purchased by True North Partners, LLC who rebranded the company as First Solar, Inc. The Industry is known as Photovoltaics which is the conversion of light into electricity using semiconducting materials. The company went Public in 2006 trading on the NASDAQ and is headquartered in Tempe, AZ.

Revenue is around US$3.58 BILLION with approx. 6,400 associates.

Traded today @ US$150.03

META is Meta Platforms, Inc. formerly known as The Facebook Company (2004-2005) later as Facebook, Inc. (2005-2021) which builds technologies that connect people. The company was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes in Cambridge, MA on January 4, 2004. Over the years, Facebook constructed an empire in Social media, Social network advertising, Consumer electronics, and Virtual reality. In 2012, Facebook went public trading on the NASDAQ. The company has a number of mergers and acquisitions. Meta’s products include: Facebook, Instagram, Messenger, Threads, WhatsApp, Meta Quest, Horizon Worlds, Ray-Ban Stories, Mapillary and Workplace. Currently, the company is headquartered in Menlo Park, CA.

Revenue is reported @ US$134.9 BILLION and employs over 67,000.

Traded today @ US$468.03

Company/Corporation Information from Google Wikipedia and Britannica