DE - AGCO: A Buy With Plenty Of Room To Grow
- AGCO Corporation is the third biggest farming equipment manufacturer in the world and is currently a buy.
- It is investing to play a major role in precision agriculture, a business that will lead to higher margins.
- Very strong in Europe, AGCO still has plenty of room to grow in North America, where margins are higher.
- AGCO also chose to increase inventories to face the current supply chain issues and have machines available in quick time.
- AGCO is a well-run company with favorable macro trends on its side which should attract long-term investors.
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AGCO: A Buy With Plenty Of Room To Grow