ADM: Position for a Commodity Inflection - Trade Plan for Asymmetric Upside
Archer-Daniels-Midland (ADM) is showing operational leverage from aggressive cost saves and stronger end-market demand in human nutrition and oilseeds. Valuation is reasonable for a defensive industrial with secular exposure to a potential agro-commodity upcycle. This trade outlines an actionable long with entry, stop and targets across a 180-tradi…