User 31269

Is Archer-Daniels-Midland Co. Going Shopping?

Notable by its absence from your list of ethanol stocks that could be affected is Aventine. It's got the lowest P/E and the strongest balance sheet. It's got flexibility as a producer and distributor combined. And it has its own distribution infrastructure, meaning its vertically integrated with all its attendant benefits. It could be the most attractive acquisition target out there. (True confessions - I own a chunk of it.)