If 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.