Eat, Pray, Trade. $Archer-Daniels Midland(ADM)$
Eat - Everyday we eat. Food prices are skyrocketing. Time for some payback!
Decide if it's worth "investing" in ADM. ADM produces, stores, processes and transports agriculture products. It is also a nutrition company - "Healthy Living!". It is a jack-of-all-trades, go-to agricultural play.
Pray - Tongue-in-cheek. In today's choppy/bear market, sometimes you can only PRAY for good news. On a serious note, nothing to worry. Just hold. It will go up... eventually. [Happy]
Trade - This is not a long term hold. Agriculture, like all commodities go through cycles. Current bull cycle still has some way to go. Find a good entry price to trade this stock, but get out before the cycle ends.
No surprises on earnings beat in March '22. Right now, PE at 16.46 (median-level), so still not overvalued. Keep an eye on $Archer-Daniels Midland(ADM)$
@Daily_Discussion , @TigerStars
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