Farm Equipment - Bull of the Day

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Bull of the Day

Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=43167
Printed Date: 03 Sep 2025 at 3:05am
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com

Topic: Bull of the Day

Posted By: EPALLIS
Subject: Bull of the Day
Date Posted: 02 Jan 2012 at 8:57pm

There's a column out there called "bull of the day". It references companies that might be good purchases. Interesting that AGCO just made it?! Reichhagen is definitely stubborn like a bull, not sure if AGCO is going to be the that good of an investment. In any event I thought it might be a good conversation piece on the board. Enjoy....

Driven by strong global demand for agricultural equipment, AGCO Corporation (NYSE: http://www.zacks.com/stock/quote/AGCO - $0.87 versus $0.66 in the year-earlier quarter, surpassing the Zacks Consensus Estimate of $0.75. For fiscal 2011, AGCO expects EPS of $4.30.

Global industry sales are anticipated to grow in 2011. With a full product line of farm equipment and a wide network of dealers and distributors, we believe AGCO is well positioned over the long term to capitalize on the need for increased food production, which is being driven by worldwide population growth.

Moreover, the company is also looking to expand operations in high-growth emerging markets, which bode well for future operating performance. We maintain our Outperform recommendation with a target price of $51.00, based on a P/E of 11.7 and our fiscal 2011 earnings estimate.

Replies:

Posted By: John (C-IL)
Date Posted: 02 Jan 2012 at 9:48pm

I'd say that writer needs to get a firmer grip on the ag equipment business. AGCO has been an underperformer for the last several years when compared to the big 2.

Posted By: Unit3
Date Posted: 02 Jan 2012 at 10:18pm

Long live Gleaner.

Posted By: DougG
Date Posted: 03 Jan 2012 at 9:19am

Only way Agco will ever do anything is to eliminate Deere and CNH as they are really going after the foriergn markets like Agco is -alot of writers have no concept of the Ag world - but can sure make a mess of the news tied to it , just my opinion

Posted By: FloydKS
Date Posted: 03 Jan 2012 at 10:34am

I am going to buy AGCO,,, and all of you will be jealous... ... ... ... maybe?