RE: RE: Agco's Q4.More bullish news from the USDA report today, especially for Corn. Also China experiencing poor wheat crop. All-in-all the macro backdrop for HEM just keeps getting better. No wonder Wellington and it's syndicate went long the stock!
Also read a number of research reports this morning on AGCO. Generally speaking analysts think the company is sandbagging its numbers (meaning overly conservative estimates by the company's management). The game they are playing is that when the real numbers come out and they beat guidance the management team will look like heros. Its a commonly used strategy (e.g Apple)