InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
ArcherDanielsMidland is a corporation that a lot of people are not familiar with,but ADM is a company that has an impact on the lifes of many. ADM is the world's largest producer of corn-based ethanol. And if you aren't burning their ethanol fuel,there's a good chance something you consume today may have passed through the ADM supply chain. ADM stores,transports and markets a wide range of agricultural products.
ADM operates in 3 main areas,oilseed processing,corn processing and agricutural services. The oilseed division processes oils from soybeans,corn,canola and flaxseed into vegetable oil. The corn division operates in wet and dry milling. The divisions deliver corn meal,syrup, starch and sweeteners. The agriculture services division procures,stores,cleans and transports corn,wheat,milo,barley and oats and processes the grain for marketing.
ADM earnings are like the company,nothing flashy,just steady gains in profits and share price. A 5 year chart will show ADM has gone from a $10 stock to it's current price of $47.31 which is near its 52 weeh high of $48.95.Fourth quarter 2007 earnings had a mixed results with
a 50% increase in sales to $16.5 billion,but a 10% gain in net revenue to $473 million or .73 cents a share which was below wall streets forecast of .74 cents.
ADM is a stable company in an expanding market. Love it or hate it,ethanol will be around another year or two at least. Their exports and domestic sales are going to increase as the worlds population grows and I think they could have tremendous growth in exports. Share prices should continue to grow and their earnings will follow suit and they pay a 1.1% dividend which should grow as earnings do. My advice is to buy ADM stock,go to the mail box and get your dividend checks and sleep at night because this company is solid.
| 
RSS 2.0
