Archer-Daniels-Midland: Overvalued, Reiterate Hold For Sustainable Dividends (NYSE:ADM)

asian chinese working senior man scooping raw coffee beans from bucket to weighing machine and blending it for coffee roasting process in factory warehouse

Edwin Tan

Archer-Daniels-Midland Company (NYSE:ADM) procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. We have started coverage on the firm in July 2022, with a hold rating. Since then, the stock has gained about 18%, slightly outperforming the broader market, which

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