Likes business due to hard assets.
Cyclical business - but demand growing.
High rate of return on capital.
Not expensive at current share price.
Good for long term investors.
It should benefit from food inflation.
Cheap PE, likes agriculture and pays a 2.2% dividend. Still likes it. If you own this already, don't add more. Instead, buy Corteva in this space.
(A Top Pick Mar 31/22, Down 1%) One of largest agriculture businesses in the world. World is still short on food products. Still owns shares in the company. Expecting better performance going forward. Fair valuation at current share price.
Archer Daniels Midland Company is a American stock, trading under the symbol ADM-N on the New York Stock Exchange (ADM). It is usually referred to as NYSE:ADM or ADM-N
In the last year, 5 stock analysts published opinions about ADM-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Archer Daniels Midland Company.
Archer Daniels Midland Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Archer Daniels Midland Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Archer Daniels Midland Company In the last year. It is a trending stock that is worth watching.
On 2023-09-22, Archer Daniels Midland Company (ADM-N) stock closed at a price of $76.98.
The large US agricultural player is investigating a joint venture with PSX to produce a low carbon jet fuel. A recent plant outage in Illinois will see processing of corn back up soon. It trades at 12x earnings, 1.7x book and supports a 16% ROE. We recommend a stop-loss at $67, looking to achieve $99 -- upside potential of 22%. Yield 2.1%
(Analysts’ price target is $99.08)