In the final article of the “Dogs of the Dow/S&P 500” series, Bunge Global is featured as a consumer staple producing edible oils, distinct from energy sector oil companies. As a major trader and processor of grains and oilseeds, the agribusiness segment makes up 71% of its revenue. Despite recent challenges, including a significant drop in stock value and falling crush margins, Bunge is viewed as a contrarian investment. Offering a projected 12-month dividend yield of 3.5%, Bunge’s stock is currently undervalued, and investors can enhance their yield through options strategies. This approach provides portfolio diversification amid market corrections.
