Beacon Equity Research announces the release of Stock Alerts covering agricultural/farm plays: Archer Daniels Midland Co. (NYSE: ADM), Origin Agritech Ltd. (Nasdaq: SEED), Potash Corp. of Saskatchewan Inc. (NYSE: POT), Caterpillar Inc. (NYSE: CAT), AGCO Corp. (NYSE: AGCO) and Mosaic Co. (NYSE: MOS).
The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com
In the Stock Alert, the author highlights Archer Daniels Midland’s analyst upgrade to Hold:
“Archer Daniels Midland Co. (NYSE: ADM) shares climbed .37% to $27.27 this morning. Shares of the second-largest U.S. ethanol producer were driven higher last week following an upgrade from Citi Investment Research. According to the analyst, the worst drought in Argentina in 40 years means that a big chunk of the world's demand for corn, wheat and soybeans will move to U.S. suppliers. … Analyst David Driscoll upgraded ADM to Hold from Sell. The analyst previously downgraded the agribusiness company on his belief that "fundamental trends are deteriorating across ADM's major businesses" was confirmed. … It was reported that Archer Daniels Midland's stabilizing crop prices caused its sales to sink by 21% and profit by 98% in its fiscal third quarter.”
The Stock Alert author also featured Origin Agritech hosting a teleconference May 27:
“Origin Agritech Ltd. (Nasdaq: SEED) shares soared 18.46% to $5.84 this morning. Origin Agritech is a technology-focused crop seed company serving mainland China. The Beijing-headquartered company recently announced it will host a teleconference Wednesday, May 27, 2009, at 8 a.m. EDT / 8 p.m. to discuss its second-quarter results of 2009. … In the press release, the company said it expects to report improved operating results for the quarter. … Origin Agritech's activities include the specialization in the research and development, production, and sales and marketing of crop seeds (corn, rice, cotton and canola) throughout the People's Republic of China.”
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