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

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 has gone up by roughly…

Read More