CAT - CNH Industrial Is A Buy As It Harvests Growing Margins
- I rate CNH Industrial a buy after it spun off Iveco Group, separating the low margin On-Highway business and retaining the high margin Off-Highway one.
- CNH Industrial trades at a higher discount to the major industry players that doesn't find a real reason if we look at its financials.
- Increasing world population, strong need for machinery and scarcity of land and labor force are driving the industry towards autonomous agriculture, which will lead to technological products with greater margins.
- CNH Industrial just acquired Raven Industries and is ready to become a leader in precision and autonomous agriculture.
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CNH Industrial Is A Buy As It Harvests Growing Margins