Archer Daniels Midland Plans to Sell Fertilizer, Chocolate Businesses -- 2nd Update
UPDATE: Charting a bullish second-quarter backdrop
We don't see the recent share price declines for metals and mining producers as a buying opportunity on average.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Regional banks aren’t typically known for their mutual funds. Don’t tell that to this trio of managers.
The sector is still largely cyclical, but companies with moats will be in the best position to take advantage of long-term secular trends.
With global demand for food rising, companies that provide solutions to help farmers improve crop yields could continue to see strong growth.
The near term will surely be bumpy, but valuations look prettier today than they have in years.
Wide-moat funds were the stars of the recent downturn.