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The Company is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
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kut2thechase (28.39) Submitted: 2/05/07 8:11 PM : Start Price: $33.96 ADM Score: -16.40
ADM's been around for around 100 years and they've consistently delivered solid financial performance over the years. At a forward PE of around 14, they're undervalued, IMO. They're not sexy; they provide the basics we all need to survive on --corn, oils, grains of various types, etc. As long as the population is growing and people need foodstuffs, this company's going to be around. And, oh yes, did I mention they pay a nice little dividend for your trouble? Great long-term play, IMO, and they're off their yearly high (following the nutty pile-on for ethanol).
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