I would like to include in my portfolio the shares of at least one agricultural company. Recently mentioned here was $DE-0.9% 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.
Capital Structure
Market Cap
30.7B
Enterpr. Val.
37.0B
Valuation
P/E
10.8
P/S
0.3
$ADM+0.6% 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+0.6% and $TSN-1.1% look good. I'm also watching $BYND-1.3% 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-1.1% 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.