Re: Agco Corp(AGCO)
Started building a position in this Farm Machinery company. Part of my Ag basket along w/ TITN, CTVA, ANDE, ADM, AGGZF, BWEL, LAND, FPI, LMNR, MHGVY, SEOAY, TSN, UAN, VFF.
Very positive about 'everything' Ag. Always looking for the value buys.
AGCO Corporation is a leading manufacturer and distributor of agricultural equipment and related replacement parts. The company offers a full product line of farm equipment through a wide network of dealers and distributors. Its full range of agricultural equipment, include tractors , combines, application equipment including self-propelled sprayers, hay tools and forage equipment, implements and other equipment, and grain storage and protein production systems.
$8.6 Billion Market Cap; 7.8x PE & 5.4% div
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