There is a recent interview with Mr. Jim Rogers on bloomberg tv, where he suggests commodities is the place to invest over stocks and bonds. He insists that the bull market for commodities in particular agricultural commodities is just starting. I agree and who is going to transport, supply this demand but companies like Adm the leader in this area. My thinking is adm is tied directly to population growth and demand for ag services and commodities. my favorite long term buy and hold.
Its pretty simple. just look at the UN projections for food demand growth. and adm is the major company to get the crop from the field, stored processed and delivered. So there is build in orgainc growth. Energy also looks very good long term but with high cost there is going to be more conservation and alternatives, which is not possible with ag/food crops, even in bad economic times there is not going to be much loss in demand, versus loss in demand for energy, or base metals.
I guess i have been repeating myself about adm as utility, population growth and demand. No need to re state that although it is the argument for adm. I would say not much need to post further as adm probably wont do much now until next earnnings report, when it should recover to much better earnings and the stock spike back.
If Rogers is right and i have no doubt he is then investing in the "utillity" that provides the services for agricultural and food demand is the place to be next decade(s). adm is likely the best choice. jmho