SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (34038)4/23/2009 4:30:32 PM
From: Paul Senior  Read Replies (1) of 78753
 
Still trying to up my exposure to commodities while they seem to be quiescent. ADM down today: I have stub position which I've doubled up on today while I consider if I want to build a position:

Relatively low p/b, low p/sales, current and forward p/e under 10 which historically (past 10 years) is low for ADM. A Standard & Poor's Dividend Aristocrat, ADM's yield is about 2.3%.

No compelling reason to buy this stock now -- there are so many, almost too many, companies with characteristics as described in the previous two sentences. And it doesn't help that the WSJ published a 4/15 article on Cargill about which they began, "Cargill Inc. posted a 68% decline in its fiscal third-quarter net profit, highlighting the tough environment facing global agribusiness."

Sometimes though it is good to buy when you can hear the quiet.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext