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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (73861)	10/4/2023 8:31:17 PM
From: E_K_S	Read Replies (1) \| Respond to of 78666

Re: AGCO I sold my AGCO a few years ago and missed the run & wanted to get back in. It is getting close to it's SMA(200) weekly. Selling CNHI is/was more of an allocation move . I was peeling off shares in the $17/share area and more at the $15-$16 area. So, I may have had a 1/3 position I closed today and moved those proceeds into my small AGCO position. I decided to sell CNHI as it was at/near my cost basis and I really wanted to start to build a position in AGCO. AGCO acquired those Tremble Navigation Ag assets so I see a big move into more robotic self driving tractors. When I bought CNHI, I also started a position in MTW a much smaller & niche player building lift/boom machines. Interesting on many of the Farm YouTube videos I watch, many of these farms own lift/boom machines. I have been adding to my Ag farm equipment in TITN too. I do plan to oversize all of my AG companies and CNHI will still be on my list. Looking to add more to my seed companies; CTVA & SANW; maybe BG & ADM but those have yet to really sell off. There is a lot the US can do with their technologies in Ag to feed the world, help the different 3rd world countries w/ integrated solutions like solar pumps/wells, hybrid seeds that grow in drought tolerant regions and other emerging technologies/solutions that make life better. Even Google is developing self contained 'containers' w/ solar, telecommunications, inverters/batteries that can be dropped into an off the grid village. Decentralized Ag advancement is next. Perhaps CNHI may/could have implements that many of these smaller farmers can use. The DE & AGCO machines are way too expensive for the smaller farmer or small village. Will have to re-think CNHI as one of the original reasons for buying is they made/manufactured affordable equipment.