» » » » » » Investopedia: ADM Offsets Weak Volume With Strong Ethanol
Wednesday, August 7, 2013

With ethanol margins improving in the second quarter and investors increasingly transitioning from the old (poor) crop to the new (good) crop, Archer Daniels Midland (NYSE:ADM) has caught investor attention again, and the stock is both near a 52-week high and up almost 50% over the past year. I do believe that the 2013 U.S. crop harvest will be good for ADM's 2014 handling, milling, and crushing operations, and I do believe ethanol is here to stay. That said, this is still fundamentally a volatile low-margin business and even with the opportunities added with GrainCorp, I would be careful about chasing the shares.

Please follow this link for more:
http://www.investopedia.com/stock-analysis/080713/adm-offsetting-weak-volume-strong-ethanol-adm-bg-ignr-vlo.aspx
07 Aug 2013
Posted by at 6:03 PM
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