I would like to include in my portfolio the shares of at least one agricultural company. Recently mentioned here was $DE stock which I quite like. However, I have come across one other company, and that is Archer Daniels Midlan. This American company is involved in the processing of food and agricultural raw materials.
$ADM is a financially stable company and the stock has been rising for a long time.
Does it make sense for you to invest in this sector and do you have any agricultural stocks included in your portfolio?
DE for me a fine company
Thanks for the tip guys, I'm looking for something in this field and both $ADM and $TSN look good. I'm also watching $BYND while we're on the subject of food, so I'm not a vegetarian or vegan but this is growing in the number of people switching to it so this might not be bad either but I don't have the analysis on it.
Probably a classic food manufacturer... Thin margins, but a consistent, safe business. Debt I think is negligible relative to cash flows. I don't know the company's story, perhaps just beware of potential lawsuits and regulation if they are involved in, say, livestock production. Currently at a fair price in my opinion, so I wouldn't expect any staggering returns from it.
I have $TSN in my portfolio for as little as $50. So far the price hasn't moved much, but it will start. I'll be collecting a nice dividend until then.
At first glance this looks like a nice and healthy company, as a complement to DE within the sector why not.