Actionable news
0
All posts from Actionable news
Actionable news in ADM: ARCHER DANIELS MIDLAND COMPANY,

Why Archer Daniels Midland Will Make a Major Comeback

0

You probably think that you should stay away from Archer Daniels Midland (ADM - Get Report) right now. The company's third quarter results were pretty dismal, to say the least.

But take another look. Not only would you miss a likely turnaround, but you'd also miss out on the company's healthy 2.6% dividend yield. What's more, Archer Daniels Midland has consistently paid shareholders dividends since 1927 and has even delivered a hike for the last 39 years, consecutively.

In fact, Archer Daniels Midland looks like a great buy for investors right now.

On November 3, America's largest ethanol producer released its earnings scorecard; the stock soon nosedived to a low of $41.74, down nearly 10% from the previous day's close of $46.28.

First, let's unearth the...


More