Agriculture is booming and shows no sign of slowing down. So anything agriculture-related should do well in your portfolio for the foreseeable future. But one company is perfectly positioned to capitalize on the agriculture frenzy.
Archer Daniels Midland (ADM) operates in three agricultural segments: oilseed processing, corn processing, and agriculture services.
Adding ADM to your portfolio can expose you to this bull market without limiting you to one commodity.
It could be a buy on a move above the $47 level. That would mark a new high, and eliminate any pre-existing resistance levels.