5 Cheap DRIP Stocks to Buy Now

4. Archer-Daniels-Midland Company (NYSE:ADM)

Forward P/E: 12.79

On March 25, BMO Capital analyst Andrew Strelzik raised the firm’s price recommendation on Archer-Daniels-Midland Company (NYSE:ADM) to $65 from $63. It maintained a Market Perform rating on the shares. The update came as part of a broader note on Agribusiness and Protein commodities. The firm said it adjusted its models to reflect updated feedstock prices, higher energy costs, and a recovery in U.S. beef margins in March after weaker levels in February.

During the Q4 2025 earnings call, Chairman, CEO, and President Juan Luciano said the company expects adjusted EPS for 2026 to fall between $3.60 and $4.25. CFO and Executive Vice President Monish Patolawala said that earlier clarity on policy decisions could open up more opportunities, as the company anticipates a more supportive operating environment. He also said the company plans to stay disciplined in how it allocates capital, with a focus on generating strong cash flow while continuing to reduce costs.

He added that the company remains on track to deliver total cost savings of $500 million to $750 million over a three- to five-year period, a program that started in 2025. The company expects capital expenditures to be in the range of $1.3 billion to $1.5 billion in 2026. For the first quarter of 2026, it said crush margins are expected to remain in line with Q4 2025 levels. The Nutrition segment is also expected to continue improving, both year over year and sequentially.

Archer-Daniels-Midland Company (NYSE:ADM) operates as a global agricultural supply chain manager and processor, supporting food production by linking local demand with global capabilities. It also provides nutrition solutions for both humans and animals.