The agricultural commodities sector was one of the hardest hit in recent years, thanks to the Russian invasion of Ukraine. Russia and Ukraine, the two largest wheat exporters, and their conflict disrupted the global food supply chain. Unfortunately, this came just as increasing global food demand collided with constrained production capacity. With the U.N. predicting over 10 billion mouths to feed in a little over two decades from now, food production must increase by over 50% to keep up. Demands are expect ...

CHICAGO--(BUSINESS WIRE)--ADM (NYSE:ADM), a global leader in sustainably sourced solutions from nature, announced today that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective at the end of the year, ADM now intends to expand these capabilities to other key locations across North America in the 2024 growing season. ...

While it may be natural to stay with your winners, contrarian investors may want to consider stocks to recover in 2024. These are enterprises that didn’t quite pass muster last year. However, with possibly shifting circumstances on the horizon, marching to a different beat may yield greater shareholder profitability.Mathematically, by targeting beaten-down entities, you may be able to enjoy far more robust returns than the more conservative approach: betting on strong businesses in an uptrend hoping that th ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Archer Daniels Midland (ADM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.ADM currently has an average ...

The most recent trading session ended with Archer Daniels Midland (ADM) standing at $70.67, reflecting a -0.55% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.15%. Meanwhile, the Dow experienced a drop of 0.42%, and the technology-dominated Nasdaq saw an increase of 0.09%.The agribusiness giant's stock has dropped by 5.35% in the past month, falling short of the Consumer Staples sector's gain of 7.22% and the S&P 500's gain of 3.5%.The inves ...

With the overall surge in the broader equity indices last year, you might think that cheap blue-chip stocks would be difficult to find. To be sure, it ain’t easy. Still, with thousands of publicly traded securities available, it’s practically inevitable that some ideas – even the stalwarts – will fall by the wayside.And it’s here where you can pick up discount blue-chip stocks. For example, while seemingly everyone is focused on the latest technology plays, several traditional enterprises with relevant and ...

Photographer: Michael Nagle/Bloomberg© 2024 Bloomberg Finance LPThe market may have topped sooner than projected. The 15th was seen as a high but the indices have turned weaker earlier than expected. In either event, it is not wise to assume new long positions at this time. There may be a low in the latter half of the month. The monthly S&P cycle still points to a late March low. Let us consider some short sales. One begins by seeking stocks with weak relative strength and bearish seasonality.Starbucks rela ...

The most recent trading session ended with Archer Daniels Midland (ADM) standing at $73.13, reflecting a +0.51% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.8%. Meanwhile, the Dow experienced a drop of 0.76%, and the technology-dominated Nasdaq saw a decrease of 1.18%.The agribusiness giant's shares have seen a decrease of 1.86% over the last month, not keeping up with the Consumer Staples sector's gain of 2.53% and the S&P 500's gain of 3.4%.Analysts and ...

While investors might be tempted to ride the biggest winners of last year, shifting sands may provide a superior outlook for comeback stocks. Just what am I talking about? These are securities that are currently trading no higher than 10% of their 52-week lows. At the same time, they (at time of writing) feature a consensus view of at least moderate buy.Put another way, we’re not talking about garbage ideas that will likely fall lower still. Rather, Wall Street experts have tagged these enterprises as featu ...

After such an incredible year for the stock market in 2023, investors will certainly be looking for buy-the-dip candidates as a market pullback is to be expected at some point.In this regard, a few agriculture stocks are attractive as they look poised to move higher even as a potential correction for the broader market looms. With that being said, let’s check out the opportunity in two pleasantly intriguing Zacks Agriculture-Operations Industry stocks.Dole (DOLE)Boasting a Zacks Rank #1 (Strong Buy) Dole’s ...