|Last Price$46.80||Day Change (%)-1.49%|
|Open Price$47.19||Day Change ($)-0.71|
|Day Range46.75–47.45||52-Week Range41.91–56.00|
As of Tue 9/27/2016 5:27:00 PM | USD
AGCO to Present at RBC Capital Markets' Global Industrials Conference
Haying and Forage Machinery Market in North America 2016-2020 - Incorporation of Precision Farming Technologies a Key Growth Driver - Research and Markets
Top 5 Vendors in the Haying and Forage Machinery Market in North America from 2016 to 2020: Technavio
AGCO stands poised to benefit from South America's agriculture revival.
There are a few opportunities for investors, but bargains are rare in industrials overall.
Bargains are currently scarce in the sector, but industrials continue solid execution and segment portfolio refinement.
Although ag machinery manufacturers may reap weaker 2014 results, we think Deere's narrow moat is intact.
After several strong years of U.S. and Canadian machinery purchases, growth rates look to slow.
We think the market is too focused on near-term farm equipment headwinds and not enough on a cyclical European trucking upturn.
David Iben kept a low profile when he left Nuveen Tradewinds, but now the contrarian is back to running a new global all-cap strategy.