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Archer-Daniels-Midland Company Message Board

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  • manylumen manylumen Feb 4, 2009 12:16 PM Flag

    S & P

    Yeah $40.00 is a pretty ambitious target especially in this market. It could happen if the economy does some turn around. No doubt many will take some profits on the way up. Still if you look at the longest term chart for adm i think it tells the story of the sector and the company. Of course past success is not guarantee of future success. Not many blue chip stocks with a long term chart as pretty as adm.
    I think adm is a new widows and orphan stock, especially since the banks and financials commited hari kari.

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