Archer-Daniels-Midland: Silver Lining Post Accounting Scandal

J. Michael Jones Investment Thesis While the Archer-Daniels-Midland (NYSE:ADM) nutrition accounting scandal proved to be a major setback to the human and animal nutrition company after they disclosed the likely corporate malfeasance early this year, I think the company is turning a corner. With this, I think shares remain cheap, setting up an interesting opportunity. The suspension (and now resignation) of their former CFO, Vikram Luthar, amid an internal probe into their accounting practices led to a 2 ...