Monday, November 7, 2011

Investopedia: Ups And Downs Par For The Course At ADM

Archer Daniels Midland (NYSE:ADM) is a good example of what is wrong about Wall Street today. In the short-term world of sell-side research and institutional investors, there is a great deal of angst over quarter-to-quarter moves and the volatility of commodity prices. Here's the long-term reality, though: processed food is here to stay and ready to explode in emerging markets, agricultural refining is an industry that rewards scale and ADM is one of the biggest fish in the ocean. (For more, check out What Is An Emerging Market Economy?)

A Tough Third Quarter  
ADM reported the sort of quarter that will have some investors doing double-takes. After all, 30% reported net sales growth seems amazing, for a company of this size. Reported growth was strong across the board: oilseed processing revenue rose 29%, corn processing revenue rose 51% and ag services revenue rose 33%.

Read the full article at Investopedia:
http://stocks.investopedia.com/stock-analysis/2011/Ups-And-Downs-Par-For-The-Course-At-ADM-ADM-BG-CPO-ANDE-CZZ-KO-PEP-GIS1107.aspx

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