2024-05-08 17:07:25 ET
Summary
- Trimble Inc. has faced uncertainties and underwhelming performance in the past, but recent green shoots have created an interesting setup.
- The company operates in three segments: AECO, field systems, and transportation and logistics, as this is genuinely a well-positioned business.
- After some hiccups in the fall, operating momentum has returned and these advancements have been well reflected in the share price.
In November, I believed that it was time to change course in the case of Trimble Inc. ( TRMB ) . After a tougher year, an expensive deal made in Germany, and a complicated joint venture made with AGCO ( AGCO ) , there were quite some uncertainties, although the resulting poor share price action left shares more attractively priced than we have seen in the past....
Read the full article on Seeking Alpha
For further details see:
Trimble: On Position Again, Supported By Some Real Green Shoots