North Central US | srfarms1990 - 8/24/2025 17:35
Looking at the inventory levels of Fendt tractors and combines mentioned below made me look up the Agco stock. Essentially setting record highs last Friday.
How can that continue? Is overseas ag or South America ag in drastically better shape than the US? Will the US inventory eventually get exported to a better ag market somewhere else?
I can and have used many brands but 30-40% of my area would be embarrassed to run a Massey, Gleaner, New Holland, Ford, or any brand owned by AGCO.
I could easily see the AGCO stock fall $50/share in the next couple of years. P/E of 79? Where is the growth to support that?
Bonpas
AGCO is not an American company, their markets are elsewhere, Europe, Asia, India, and South America.
Massey is extremely popular in Asia and South America and to a degree India.
Fendt is an extremely popular high end tractor in Europe, where they don't believe in trucks or articulated 4x4s.
New Holland and Ford aren't owned by Agco, both of them are under the CNHI umbrella. From what I understand, Ford New Holland is still extremely popular in Europe as the everyman level of equipment, so much so they build combines there and ship them over here.
Swathers and hay and forage equipment, full lines, in North America you have New Holland and Deere. |
Short AGCO?
