Several overlooked stocks show promise for investors, particularly due to high institutional ownership. Archer-Daniels-Midland (NYSE: ADM) boasts 80% institutional ownership and has sustained 53 consecutive years of annual dividend increases. The company operates a vast network of approximately 750 processing facilities, which enables its competitive edge during commodity fluctuations. Analysts rate ADM as a consensus Hold.
Sanmina (NASDAQ: SANM) is another stock to watch, as institutions own over 90% of the shares. The company is leveraging AI for growth in manufacturing solutions for tech clients like AMD, with a price target expected to reach $260. Lastly, Delek US Holdings (NYSE: DK) is adapting to higher energy prices, leading to improved cash flow. Institutions have also amassed over 97% ownership and forecast a price target of $90, reflecting a 25% potential upside.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
