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AGCO Corp AGCO

Industrials
AGCO Corporation is a designer, manufacturer and distributor of agricultural machinery and precision agriculture technology. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, replacement parts. It provides telemetry-based fleet management tools, including remote monitoring and diagnostics, which help farmers improve uptime, machine and yield optimization, mixed fleet optimization and decision support. Its Precision Planting, Headsight and Intelligent Ag Solutions brands provide retrofit solutions to upgrade farmers existing equipment to improve their planting, liquid application and harvest operations. Its Precision Planting, Headsight, JCA and Intelligent Ag Solutions brands also sell precision agriculture solutions around the crop cycle to third party original equipment manufacturers (OEMs). Its brand also includes Fendt, Massey Ferguson, PTx and Valtra.


NYSE:AGCO - Post by User

AGCO Corp > Gordon Reid -BNN - TOP PICK
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Post by Possibleidiot01on Mar 16, 2023 2:26pm
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Post# 35343143

Gordon Reid -BNN - TOP PICK

Gordon Reid -BNN - TOP PICKIf you like Deere.

AGCO (AGCO NYSE)

Latest Purchase March 2023 at $142

Favourable agriculture prices and farm economics are supporting robust demand for farm equipment. AGCO, like its competitors, is working through supply chain issues, focussing on higher margin products, expanding its geographic footprint and using the benefits of precision farming to incent buyers. At 9x forward EPS AGCO is a buy.


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