Archer Daniels Midland(ADM): $39.25
A stock that has really benefited from soaring oil prices and the alternative energy hype because it is the largest ethanol producer in the U.S. It seems that the higher the oil prices, the better this stock does. I think that oil prices can easily shoot higher from here with the Iran situation and hurricane season in the States so I am going to pick this stock as a buy. It is near oversold and the last two times this stock was oversold, it came soaring back with 15% and 10% price increases. Its near its 50 MA and may make the leap with some help from higher oil prices.




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