highhand
2022-05-06
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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Comments

  • daz888888888
    2022-05-08
    daz888888888
    Sheesh should have posted this in Feb 2022, lol now too high for everyone, risky
    • highhand
      On 1st Feb, stock price was $76 with PE ratio 15.49. Today, 8 May stock price is higher at $89 with PE of 16.52 after recent earnings. Seems reasonable, but again, no crystal ball here.
  • hellodarz888
    2022-05-08
    hellodarz888
    looking decent
  • EdwinEC
    2022-05-08
    EdwinEC
    民以食为天
  • RedpillBluep
    2022-05-09
    RedpillBluep
    Thanks for sharing, much appreciated! Nice article and nice work.  [Like]
  • MaudNelly
    2022-05-06
    MaudNelly
    Yes Commodities go through cycles ,so need to hold for a short period for this kind of stocks
  • Jiantew
    2022-05-09
    Jiantew
    吃饱喝足了[开心][开心][开心]
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