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Archer Daniels Midland Company Message Board

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  • manylumen manylumen May 19, 2009 9:26 AM Flag

    Now is the Time to Buy ADM

    It would seem counterintuitive but adm made a significant acquistion last quarter, so it was growing while earnings were suffering. It might suggest long term confidence in adm. I wonder if vt .to is a takeover target? would give adm even more of a monompoly on North American grain handling, but perhaps it would be denied.
    I still see adm as oversold. One poor quarter means almost nothing, especially with such volatile commodity prices, and ethanol/crude oil prices. I think one might get adm at a really good bargain before next earnings report whick is likely much better. jmho.

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