Daily Stock Opinions and Ratings

Opinions

Jim Cramer - Mad Money Agco Corporation AGCO-N COMMENT Feb 24, 2025

Agriculture has been struggling from geopolitical worries, low prices for key crops and high interest rates. They reported a revenue miss and earnings miss this month, but trimmed costs with a mixed forecast.

Jim Cramer - Mad Money

Unknown

Unlock Rating

$96.520

Stock price when the opinion was issued

machinery

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

STRONG BUY

15/20% growth at a 10% multiple.

BUY

Has done well. Expects farm equipment to continue to do well but forestry and construction equipment to back off.

DON'T BUY

Have done a very good job of consolidating the ice cube business. Was affected by poor weather in eastern states and southern Ontario. Would be more comfortable if more of their business was located in the south.

BUY

Great footprint in Latin America. Well-positioned and has great free cash flow. Accumulating market share away from John Deere and others.

COMMENT

Has risen 440% return since the CEO started in 2004 vs. S&P's 230%. In early-November, they delivered a blow-out quarter. A bull market in agriculture helps. Can the momentum continue?

BUY

Yesterday, they reported a strong earnings beat and beat sales, but they also reiterated their full-year forecast instead of raising it. 2023 could be another good year.

TOP PICK

Farm equipment manufacturer. Smaller competitor to DE, which he also owns. Trades around 9x next year's expected earnings. Reasonable debt. Expanding footprint. 58% of revenue comes from Europe, and this has weighed on stock, but it will pass. Farm prices are rising. Tech-enhanced equipment increases crop yields. Yield is 0.81%.

(Analysts’ price target is $154.17)

BUY ON WEAKNESS

Yesterday, they announced a 2025 forecast that was a tad short, but crop prices are in good shape, which encourages farmers to buy farming equipment. Shares are down 20% this year.

Most Recent Experts

Stan Wong

Private Wealth Management, ScotiaMcleod

Ryan Bushell

Newhaven Asset Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Stockchase Insights

5i Research

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Jim Cramer - Mad Money Agco Corporation AGCO-N COMMENT Feb 24, 2025

You might be interested:

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Agco Corporation(AGCO-N)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Stan Wong

Ryan Bushell

The Panic-Proof Portfolio (Stockchase Research)

Larry Berman CFA, CMT, CTA

Stockchase Insights