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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (72989)8/29/2023 10:22:04 AM
From: Paul Senior  Read Replies (2) of 78958
 
TITN. I open a small starting position.

I like that they sell and service new and used farm/construction machinery/supplies from a variety of manufacturers. My original interest was their tire business.

Right now the metrics I like look good to me for TITN. I hold a few shares of AGCO too.

Iowa corn crop looking bad -- high temperatures are devastating. If it's really this bad, it would seem obvious to affect farmers' income this year, and maybe reduce their farm equipment purchases. Otoh, maybe TITN might be ok if its construction market segment does well with infrastructure spending.

finance.yahoo.com
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