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

To: E_K_S who wrote (74982)	2/1/2024 1:47:01 PM
From: E_K_S	Read Replies (3) \| Respond to of 78673

Re: Titan International(TWI) With huge move in CTVA +20%; I expect AG sector to outperform. TWI sells AG tractor tires and at the current price 8x PE is at an ok value. I have owned this in the past but at lower levels so upside limited, maybe $20/share. Titan International, Inc. is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. The company globally produces a broad range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets. My tracking position is small, but I want to monitor their sales to see how they are as it will signal how the AG farm machinery demand/growth is in both New & used equipment. ---------------------------------------------------------- Peeled off 12% of my Manitowoc Company(MTW) that I bought in 9/2022 at $8.10/share; They manufacture cranes for trucks used on farms & by contractors. Put some of the proceeds into TWI. DE just too expensive but have more buys in for AGCO at 5% lower prices. I do have full positions in CNHI & TITN.