$ADM is probably the next $WBA

$WBA was hated by everyone. A PE firm was stalking it. And what a surprise, management announces a great quarter (to save their jobs) and the stock rips 25%.

$ADM is in a similar situation from a sentiment perspective without the poor fundamentals of $WBA. $ADM is down because of accounting problems at one of its smaller business units. The fact that the company has not given an update yet has spooked the stock back to the original announcement lows. My experience leads me to believe that management will put all the accounting concerns to bed at the March 12 earnings call.

The stock is trading at the COVID lows on EV/Sales. Any "not bad news" on the earnings call and the shares go to $60 fast. I think the company can trade to $100 in 3-4 years on $7 of EPS. You get a 4% dividend that will grow 5-10% a year while you wait with very little downside if the market rolls over.