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ADM: When in doubt, go with those that have clout

If you missed the earlier entry point for Archer Daniels Midland, you're in luck: the stock has been testing $30 resistance for about six months. But that resistance won't hold forever.

Hence, I'm Reiterating my Buy rating for Archer Daniels Midland (NYSE: ADM), first recommended on March 25, 2009 at a price of $28.78.

Continue reading ADM: When in doubt, go with those that have clout

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IndexesChangePrice
DJIA-39.2812,490.47
NASDAQ+5.312,844.69
S&P 500+0.481,321.16

Last updated: May 25, 2012: 01:47 PM

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