Archer Daniels Midland (ADM), the world's largest grain processor and early ethanol adopter, releases earnings Tuesday before the bell. Will the international giant profit from the surge in commodity prices or will ethanol spark an implosion?
Stay away from ADM, says Pete Najarian. He feels ethanol is a boondoggle.
Najarian prefers other names in the sector such as Deere (DE) and Bunge (BG) because they’ve have not gotten involved with ethanol.
Guy Adami doesn’t like ADM either. He prefers Potash (POT).