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

Posted Jul 22nd 2009 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: Archer-Daniels-Midland (ADM), Stocks to Buy

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-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 01:15 AM

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