Don't get down on the farm -- Archer Daniels is a great buy

Filed under: Major movement, Brazil, Archer-Daniels-Midland (ADM), Bargain stocks, Commodities, Agriculture, Stocks to Buy, Bunge Ltd. (BG), Recession, Financial Crisis

With banking stocks getting crushed in the first few trading days of 2009, is there anywhere to hide?

For those looking to buy stocks, I provided a list of Top 10 Stocks for 2009. You won't find any financial stocks on the list.

Instead, I targeted a few themes that I believed would do well for varying reasons. One theme that I am particularly keen on is agriculture.

In a world that is full of fraud, bank collapses and historically low interest rates, I want to have some defense in any long recommendation.

The thing that makes agriculture so attractive is that the hedge fund maniacs turned this once boring space into the thrill ride of a lifetime. After a roller-coaster year, many great names in the space can be had for cheap prices.

One of the names on the list just got a whole lot cheaper.

Continue reading Don't get down on the farm -- Archer Daniels is a great buy

Don't get down on the farm -- Archer Daniels is a great buy originally appeared on BloggingStocks on Fri, 16 Jan 2009 13:32:00 EST. Please see our terms for use of feeds.

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