Chart of the Day - Bunge (BG)

The "Chart of the Day" is Bunge (BG), which showed up on Friday's Barchart "52-Week High" list. Bunge on Friday edged to a new 15-month high of $72.15 and closed +0.56%. TrendSpotter has been long since Sep 12 at $65.90. In recent news on the stock, Citigroup on Oct 26 reiterated Bunge as a top pick and raised its target to $105 from $96 after the company reported Q3 earnings. Bunge on Oct 25 reported Q3 adjusted EPS of $2.08, below the consensus of $2.17. Bunge, with a market cap of $10 billion, is an integrated global agribusiness and food company spanning the farm-to-consumer food chain.