Summary
- ADM is a great company but the current price and low yield make it a terrible investment option for practically all types of investors.
- The dividend yield is at its lowest point in the last 10 years.
- EPS growth will be a thing of the past with an estimated drop of -10% in 2023 and -2% in 2024.
- ADM isn't the only agricultural commodity company experiencing challenges - Bunge Ltd is forecasting similar EPS challenges in 2023 and 2024.
- There are better investment options regardless of where you are on the investment continuum.
For further details see:
Archer-Daniels-Midland: There Are Better Places To Invest Your Money