Consider ADM, because experience counts in an uncertain global economy - Joseph Lazzaro

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Consider ADM, because experience counts in an uncertain global economy
Oct 26, 2009 06:40 PM UTC

Joseph Lazzaro

Return	Risk
+1.63%	MID

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Symbol	Sentiment	Start	Return	Closed
ADM		10/26/09	+4.87%	--

Via BloggingStocks:

Filed under: Archer-Daniels-Midland (ADM), Stocks to Buy

Uncertain economic times lead to uncertain corporate performances, which places a premium on demonstrated business models, and that's why I'm reiterating my Buy rating for Archer Daniels Midland (NYSE: ADM), first recommended on March 25, 2009, at a price of $28.78.

Archer has not appreciated as much as expected since March, but the Buy call remains; look for FY2009 revenue to increase 2-3%, reflecting seven, new agribusiness plants.

Continue reading Consider ADM, because experience counts in an uncertain global economy

Consider ADM, because experience counts in an uncertain global economy originally appeared on BloggingStocks on Mon, 26 Oct 2009 13:40:00 EST. Please see our terms for use of feeds.

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