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Friday, May 4, 2012
Investopedia: ADM Working Through A Lull
One quarter ago, I opined that Archer Daniels Midland (NYSE:ADM) looked like a good stock for patient investors. With the stock having doubled the return of the S&P 500 over that brief time period, so far so good. ADM's business is always going to be a volatile,
commodity-driven enterprise, but the company does earn long-term
economic returns on an asset base that would be extremely difficult (and
expensive) to replicate.
Click the link for more:
http://stocks.investopedia.
Click the link for more:
http://stocks.investopedia.
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