) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 3.2%. By the end of trading, Archer-Daniels Midland Company rose $1.09 (3.8%) to $30.15 on average volume. Throughout the day, 6.6 million shares of Archer-Daniels Midland Company exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in a price between $29.80-$30.26 after having opened the day at $29.97 as compared to the previous trading day's close of $29.06. Other companies within the Food & Beverage industry that increased today were:
Glg Life Tech
), up 49.4%,
), up 12.9%,
), up 12.6%, and
), up 9.5%.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. Archer-Daniels Midland Company has a market cap of $19.3 billion and is part of the
sector. The company has a P/E ratio of 8.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Archer-Daniels Midland as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Archer-Daniels Midland Ratings Report.
On the negative front,
), down 19.6%,
), down 18.6%,
), down 4.2%, and
), down 3.2%, were all losers within the food & beverage industry with
) being today's food & beverage industry loser.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
- Find other investment ideas from our top rated ETFs lists.