Buy, Sell or Hold: Ag Growth International Inc (AFN-T)

TSE:AFN

28.17

0.50 (1.81%) 1d

Showing 1 to 15 of 139 entries

WATCH

This is the perfect environment for them to be hitting on all cylinders. Their move into international markets in South America -- foreign exchange is hurting them. Farmers are spending a lot on equipment and machinery and not updating storage and grain bins. They is still a pending a law suit on a grain bin collapse from a year ago. He is watching it.

machinery

TOP PICK

Many agriculture stocks have done very well, but AFN has seen a few setbacks, like litigation. But AFN crop yields are improving and the agriculture space is well-positioned. Growth by acquiring has declined, but he expects their technological expertise to increase. (Analysts’ price target is $46.63)

machinery

TOP PICK

Global seller of farm equipment. Well run. Strong crop prices benefit them, as farmers have more money to replace farm equipment. Attractive valuation, positive demand outlook. Yield is 1.60%. (Analysts’ price target is $55.75)

machinery

DON'T BUY

It is a small cap company in the AG space. He prefers NTR-T. They have the end-to-end business. He also likes Raven Industries (RAVN-T) – autonomous farm vehicles.

machinery

RISKY BUY

Hit by Covid. Balance sheet not great. Problems with storage bins, and the market overreacted. Long-term growth story over time, a year or two, you can own it, but it's risky. Fairly cheap, decent growth. Good opportunity.

machinery

DON'T BUY

It supplies implements to the agriculture sector. The problem is that business around the world has stopped. He thinks a dividend cut could be coming. He would continue to watch it from the sidelines.

machinery

BUY

A small-cap. It's well-managed and have expanded into the U.S. from where they receive a lot of revenues. AG will perform in line with U.S. agriculture. Overall a good name.

machinery

COMMENT

An interesting stock. Given severe weather lately, he expects low crop yields to come and trouble in the food space. This and other companies in this sector are worth looking at now.

machinery

RISKY BUY

Lots of industrial stocks got beaten up by the trade talks since it’s part of the agricultural complex. In Q2, they had a sizeable downward guidance due to weather issues. They also have more elevated leverage. With better weather, you could get upside surprises and you could be sheltered from a recession here.

machinery

WATCH

The market knows where the lows in December were. It will likely have a bullish go of it in late August. Let the news digest before buying any. See how the next couple of days go. This is a critical area if you look back in 2017 to when it broke out. (Analysts’ price target is $63.06)

machinery

PAST TOP PICK

(A Top Pick Jun 13/18, Down 3%) He still likes this story. They guided to a much better second half. He likes the management team. About 16.5 times earnings.

machinery

BUY

He likes this name but it has an indebted balance sheet. Trading at 14.5 times peers. He likes the dividend as well. As long as you are not concern with a recession you are OK buying this name.

machinery

TOP PICK

A great growth story. It's expanded its reach from a dozen to over 100 countries, and enlarged its product range. They sees 17% EPS growth. It's trading below its historic average. Just remember it's a small cap, and don't own this during a recession. (Analysts’ price target is $73.00)

machinery

WATCH

They just opened a Brazillian operation, but it's really a play on domestic agriculture. They have nice products, but this really depends on crops prices and technological changes. He'd definitely look at this with an eye to buying.

machinery

BUY

Very volatile name. Leverage is high. But it is in a good secular positive sector. Has good revenues synergies from past acquisitions. Trades cheaper than its peers. Not for the faint of hearts. Small-cap name. All in combined with the dividend he likes it if you can tolerate the movement.

machinery

Showing 1 to 15 of 139 entries

Ag Growth International Inc(AFN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Ag Growth International Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ag Growth International Inc(AFN-T) Frequently Asked Questions

What is Ag Growth International Inc stock symbol?

Ag Growth International Inc is a Canadian stock, trading under the symbol AFN-T on the Toronto Stock Exchange (AFN-CT). It is usually referred to as TSX:AFN or AFN-T

Is Ag Growth International Inc a buy or a sell?

In the last year, 2 stock analysts published opinions about AFN-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ag Growth International Inc.

Is Ag Growth International Inc a good investment or a top pick?

Ag Growth International Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Ag Growth International Inc.

Why is Ag Growth International Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ag Growth International Inc worth watching?

2 stock analysts on Stockchase covered Ag Growth International Inc In the last year. It is a trending stock that is worth watching.

What is Ag Growth International Inc stock price?

On 2021-10-22, Ag Growth International Inc (AFN-T) stock closed at a price of $28.17.

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