Let's hear it for boring and stable...Bunge (BG)

NEW YORK, March 13, 2023 /PRNewswire/ -- Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15.

Bunge up over 14% today...

 

Pays to be be a "stable bank"

 

Guess you put quotes around because you know it is a agri-business, right?

 

Nice move but the valuation is starting to look stretched. It could spring back again soon...

 

Not likely very much. Funds have to own it.

 

Are Credit Suisse and any of the Index?

Will it also be removed from the index?