Opinions
Brian Madden
Archer Daniels Midland Company
ADM-N
DON'T BUY
May 10, 2024
Stock price when the opinion was issued
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For more than a century, the people of archer daniels midland company (nyse: adm) have transformed crops into products that serve the vital needs of a growing world. today, we’re one of the world’s largest agricultural processors and food ingredient providers, with more than 33,000 employees serving customers in more than 140 countries. with a global value chain that includes more than 460 crop procurement locations, 300 ingredient manufacturing facilities, 40 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. learn more at www.adm.com. Social media mentions are up 200% in the past 24h.
Does not own shares. Agriculture business that is a giant within sector. Tough business with low margins and high capital requirements. Lots of capacity for grain and seed crushing. Food additive business also growing. Better options available for investors in market.