Reddit Posts
🌾 The Hay-conomy is Breaking: Why Rising Feed Costs are a Systemic Risk for Ag-Stocks
Done very well with a managed portfolio, opened a brokerage acct for my gf. What I learned, and my broker's advice.
Trump’s Tariffs Hit US Farmers: Equipment Delays, Soaring Costs, and Brazil’s Big Win
The Important Stock Market News from Today - (09/28/2023)
The Boom Time for Farmers Can Last. Who Will Reap the Rewards.
AGCO's special dividend - my attempt at betting
Let it Flow: Greenway Greenhouse (CSE:GWAY) Welcomes AGCO Decision on White Labelling (and new CAO with GR experience)
Let it Flow: Greenway Greenhouse Welcomes AGCO Decision on White Labelling
Greenway Greenhouse (CSE:GWAY) Welcomes AGCO Decision on White Labelling, Announces New CAO (with significant GR experience)
AGCO reverses course, will allow retailers, LPs to white label products
Gee Group, Inc - Ticker: JOB - The unsexy staffing industry is something to watch this year. I like JOB.
Why would a brokerage disallow options on a security?
AGCO to update rules to prevent inducements between LPs and retailers
The AGCO (Ontario) increases pace of cannabis Retail Store Authorizations from 20 to 30 per week
Mentions
Oh sweetie. For your own article you keep insisting people read but clearly didn't read yourself: >"AGCO spokesperson Shae Greenfield confirmed the regulator has conducted an investigation, **but has not issued any orders related to the probe".**
And even the globe and mail article says >"AGCO spokesperson Shae Greenfield confirmed the regulator has conducted an investigation, **but has not issued any orders related to the probe"**
lol mammynun. *Your own citation* says "AGCO spokesperson Shae Greenfield confirmed the regulator has conducted an investigation, **but has not issued any orders related to the probe"**. You really have to stop treating your stocks like a sporting event and take off the blinders.
I was hoping for more detailed remarks regarding the AGCO investigation in the conference call. This is all we got: "We are at a verge of a resolution regarding our path in Ontario" - Zach George
$KMI - $75B - Pipelines are cash cows w/ a huge moat. There ain't a politician alive that wants to be re-elected that's gonna approve the construction of new natty gas or oil pipelines. $HAL - $28B - This is the growth tech stock for oil equip & svce. Plus Trump is gonna steal that Venezuela oil & all that infrastructure needs rebuilt. $AGCO - $9B - Mini-Me Deere & Co
I'm sleeping pretty soundly with $TLT, GOLD, $EWY, and $EWJ as my largest holdings and a bunch of boring commodity & industrial stocks like $HAL, $MOS, $OXY, $AGCO, $DE, and $CAT to round out my port. It's my belief that the market is replacing the US 10 yr with Gold as the world's reserve currency. This explains gold 2x over the last 2 years and it's continuous bull run higher. The market is also repricing physical cap ex heavy asset stocks higher and repricing low cap ex data/bytes stocks lower. Foreign countries & investors are selling their US Big tech stocks & USD to stimulate their domestic economies whose companies are usually more industrial, manufacturing, and financial Vs US high reliance on Silicon Valley. This explains foreign stocks outperforming the $SPY for over a year now. Investors are also paying a premium for stocks in industries that seem more free from disruption from AI. $CAT and $DE for example aren't likely to be disrupted by AI until AI can plant & harvest crops or build a data center. We had a similar cycle b/w 2002-2012 after the internet infrastructure boom & bust.
I bought some $AGCO as well before it breaks out like Deere & Co. I prefer to buy stocks going up not down.
New ATH for $CAT, $DE, $AGCO, $OSHK, $JCI, and $XOM. If you can't see the trend in the market rotation, let me help you. The market is buying atoms and selling bytes.
I maybe didn't make it clear but I meant to say, in the short run, it affects Canadian exports more than imports. In the long run, it will touch everywhere, with worse impact if Canada puts up reciprocal tariffs or the US decides to play around with exports. This is the entire reasoning behind Canada's so-called targeted tariffs. Any sort of broad tariffs by Canada would be a painful bloodletting. Canadian agricultural products for instance are mostly farmed using US-made equipment from John Deere, AGCO, Bobcat etc. Canada imports mostly things like machinery, vehicles, electronics including microelectronics, chemicals, drugs etc. The recent decades of low innovation and companies+talent+intellectual property leaving for the US is going to bite Canada eventually.
Possible AGCO crash coming soon if tariffs become an issue again? China already started on soybeans we coulda see another April market for them soon?
AGCO is wayyyyy more friendlier when it comes to repairs and parts for their equipment. New Holland is more budget friendly but I would say is more popular with grain farmers. Definitely more bang for your buck than John Deere and the customer service doesn’t treat you like a constant revenue stream
How do you guys feel about AGCO CNH and DE 
My puts went KA BOOM!!! bye bye 1k USD. I mean I still have them valid till 17. Might as well keep them who cares. DAMN YOU AGCO AND DAR!!
Secular vs Cyclical changes. Secular changes are red flags to avoid. Cyclical changes can be good buying opportunities. ADM losing market share to hard cooking oil imports is secular and likely irreversible. AGCO is losing growth because of a downturn in the Ag industry as a whole which is cyclical, this is known because their competitors are feeling it too and they are still gaining market share in a declining environment. This will rebound eventually.
Yes tops the list with AGCO. So March PUTs at open.
PUTs of DE and AGCO at open.
Deepsake says AGCO. So PUTs it is.
$CNH has just went green for the day. This is despite a big earnings miss by $AGCO this morning that has that stock down 6%. The market is a little more optimistic about the New Holland & Case IH manufacturer than the Massey Ferguson manufacturer. The market is expecting an earnings decline by CNH Industrial, but I re-opened a position this morning. Agriculture is in a recession, but the stock is trading at pre-Covid levels. Plus they are trading at a much cheaper valuation than Deere & Co.
My dad is doing that now with AGCO
AGCO when it was like $5-$7 a share in the early 90’s
Why not just short the agriculture industry, INGR, FMC, AGCO, TTC, MOS, BG, CF, LW to name a few. One big question is wether the cicada brood has been priced in since they are known for destroying agriculture alongside them being annoying fucks.
My current holdings by portfolio % are ADM, MTB, AGCO, GM, WDS, DFS. At the price I paid for these, they can maintain the same net income without any growth and still be worth the investment. If they do grow which they most likely will, it will only increase their PE, adding to my return
??? AGCO: 12k ZIM: 18k AMC puts: 12k all during bad markets
Idk AGCO earnings were decent but stock kinda tanked at open. I picked up some shares though at $117
There's a lot of fields being disrupted by robotics but I think precision agriculture is one that will pick up momentum in the coming years. Big farm machinery companies like John deere, caterpillar, and AGCO are heavily investing in it.
I‘ll bet on Accenture, Ingredion, Amgen, AGCO and Automatic Data Process. This are my 5 growth stocks. Good luck everyone !
DE/AGCO kind of feels like it's just going to have short term pain. Fundementals are great, just market/setiment doesn't want to buy agricultural equipment companies. If you have patience, I think they will be great long term holds, but just don't expect much in the short term.
I'm not upset. I own $AGCO along with $CAT and $DE : )
Premarket can be funny sometimes. AGCO is now up like 3%.
$AGCO Q3 Non-GAAP EPS of $3.97 beats by $0.58. Revenue of $3.5B (+12.2% Y/Y) beats by $10M. AGCO’s net sales for 2023 are expected to be approximately $14.7 billion vs. the consensus of $14.67B, reflecting improved sales volumes and pricing. Gross and operating margins are projected to improve from 2022 levels, reflecting the impact of higher sales and production volumes as well as pricing and a favorable sales mix. These improvements are expected to fund increases in engineering and other technology investments to support AGCO’s precision agriculture and digital initiatives. Based on these assumptions, 2023 reported earnings per share are targeted at approximately $15.08 and adjusted earnings per share at approximately $15.75 vs. the consensus of $15.33.
Check out Trimble $TRMB. They are an industrial tech company mainly focused on construction.they have tons of workflow automation software for different stages of construction. The Trimble Construction Cloud is a common Data environment for architect,Civil engineer, gov regulation ,EMP to create a project from scratch. And they also have tons of earthmoving automation hardware/Software. As well as JV or partnerships with Many industry players such as Caterpillar, Dynapac, AGCO,etc. Source:I'm an employee. Although not in the construction department https://www.trimble.com/en
How are they in a bad position? This is from their last quarter: AGCO press release (NYSE:AGCO): Q2 Non-GAAP EPS of $4.29 beats by $0.61. Revenue of $3.82B (+29.8% Y/Y) beats by $130M. As far of their equipment goes, yes, it's them and Deer.
I think $AGCO is right there. Company has cheaper fundamentals. Still beating and raising on earnings and making smart moves. The market is really down on agricultural equipment.
That's how I'm with AGCO. I really like the company, the valuation is solid and they are beating and raising guidance. It's one of those cases where it just takes patience. Like I traded out of HCC way too early. Same with WSM
Sometimes mr market isn't really favorable for some comapnies or sectors. As an AGCO holder, you can feel the pain sometimes lol.
$AGCO with some M&A this morning. AGCO to Acquire Trimble Ag Assets and Technologies https://www.businesswire.com/news/home/20230927470614/en/AGCO-to-Acquire-Trimble-Ag-Assets-and-Technologies-Through-a-Joint-Venture-Focused-on-Next-Generation-Precision-Ag-Technology
Haven’t been doing much buying since a lot of stuff I own has been running I think LMB is really interesting. Small cap that is transforming their business. Going after more markets where they are becoming like the repair people for HVAC. Look at the explosion of their EPS last two quarters because that business is super profitable. I really like CARR. I’m bullish on HVAC. CARR is transforming their business. Selling off some segments and becoming more just an AC company. Recently bought the biggest heat pump supplier in Europe. IRA offers tax credits for heat pumps. One of the most interesting companies I took a position in recently was CWCO. They are building water treatment plants in Hawaii and Arizona. AGCO is really solid for a long, but not sure what it’s going to take for the market to want to buy agriculture equipment at this point.
Man AGCO trading at a forward PE of 7.8. The market must really not like them or the sector at the moment.
I'm a bigger fan of $AGCO. Seems like the market is unhappy or not really into the idea of farming equipment right now, so might be a minute before any life goes back into some of those names.
The DE move is weird. As someone who is long $AGCO, I’m hoping that the patience pays off.
Also think $AGCO is actually a solid buy at these levels. I will say that the market is very down on agricultural equipment right now, so it might not do much, but for a long position, you are getting a great company at a great price.
Not sure if it's a favorite, but going to hold for the next few years. I really like the HVAC space. I'm getting really bullish on CARR and what they are doing as company. I'm starting to look into $CLMB. Just release their earnings, they missed analyst numbers on revenue, but even their numbers, they are up like 20% YoY. It's pretty cheap from fundementals as well. Also really like $AGCO, but it's goign to be a patience game on that one. The market is pretty bearish on agriculture equipment, so it might take time for the stock to do something, but it's a really well ran company at a great price. STRL is one my favorites, but they just blew up post earnings. They are buildling out a lot of e-infrastructure, which is like data centers and they are building the new Hydai battery factory. CLH such a great company and always holds a fair to cheap valuation. One of those names to ever buy on dips. Problem is a lot of names have had great runs and valuations have gone up with what I've owned. I haven't really bought much recently. $CLMB is looking good. $DIOD is also looking interesting at these levels. It's getting super cheap. Looks like business is slowing, but they are a chip company and they go through cycles, where you want to buy at the bottom of the cycle. Not sure if we are there yet, but it's another solid company at a cheap price. Please, always look into these companies and do your DD whenever someone mentions a name here. LIke some of the names I've owned in the past have bombed as well.
The agriculture stocks are moving higher; Corn & Wheat futures however are closer to their 5 year averages, which is near 1 year lows, and close to being cut in half from their 2022 peak. Wheat futures are currently around $6.40 and Corn futures are around $4.84. This tells me either corn and wheat futures need to move higher, or some of these agriculture stocks will get a 25% haircut. I've done very well with $DE and $MOS. Not so well buying $WEAT under $7. I recently opened a position in $AGCO as well.
Part of the reason why I’m so bullish on AGCO and their autonomous farming products. Strong fundamentals but market seems to not like the farming equipment sector.
I owned it for a long time. Red headed step sister to DE. DE moves... AGCO doesn't.
I'm still long $AGCO and the fundementals are great, but man, this one that really tests your patience.
Today is a nice day for $MOS. It will be interesting to see $NTR and $CF earnings after close. $BG is up 5%. $DE, $ADM, and $AGCO are basically flat. Money seems to be flowing into agriculture stocks.
Machinery stocks are holding up very well. Especially $CAT and $DE. This smells like a market rotation out of tech. Oil stocks look very appealing right now as well. I bought AG stocks $MOS & $AGCO today along with $CAT. Also $JCI and $GOLD.
I also bought $AGCO today. I completely agree.
AGCO is a patience one for me. It's a long position, haven't done much this year, but the valuation is solid for what you are getting.
I am opening up a position in $AGCO here. I would rather be in equipment over tech with rising interest rates. I am also opening a position in $CBOE. I would rather own a position in the commodity financial sector over big banks right now.
That's $AGCO for me. I'm long, but the stock has done nothing this year with beating really nicely and raising guidance the last two quarters. I just feel like I end up buying a stock, then watch it drop like 5-10%, then watch it come back within a few days/weeks and end up missing out on those great buying opportunities.
$AGCO is such a weird stock to own right now, it's done like nothing this year, but the company continues to put up really solid numbers.
$AGCO is very interesting. I own $DE, but have never gotten around to buying $AGCO. I should have opened a position this spring when the stock was down.
$AGCO - Q2 Non-GAAP EPS of $4.29 beats by $0.61. - Revenue of $3.82B (+29.5% Y/Y) beats by $130M. - Outlook: AGCO’s net sales for 2023 are expected to be approximately $14.7 billion, reflecting improved sales volumes and pricing. Gross and operating margins are projected to improve from 2022 levels, reflecting the impact of higher sales and production volumes as well as pricing and a favorable sales mix. These improvements are expected to fund increases in engineering and other technology investments to support AGCO’s precision agriculture and digital initiatives. undefinedd on these assumptions, 2023 reported earnings per share are targeted at approximately $14.82 and adjusted earnings per share at approximately $15.25.
I'm long AGCO, but I really like that their products work with older model tractors.
For sure. I would say for every 25 mentioned reddit stocks, I'll find one interesting to me. I don't automatically buy on a reddit recommendation, I research the heck out of it and then buy. Some of my best purchase based on daily discussion mentions from r/stocks -STRL -LPLA -AGCO -CLH -USLM All bought low and have fantastic returns. I owe a lot to the geniuses hanging about reddit.
This explains why AGCO is one of the only stocks down in my portfolio today. Agriculture fears. Thanks for sharing.
AGCO has some great autonomous stuff.
I’m still up, but I accidentally wasn’t looking and bought 500 shares of AGCO at morning peak instead of selling 500 shares. Instead of clearing 50k at break even/profit, I ended up buying 50k and then it went down 4% lol. I like some of their suggestions, but probably won’t do any, unless it’s like 1k max.
“Omar Khan, Chief Communications and Public Affairs Officer at High Tide, which currently has three applications for its Canna Cabana chain working its way through the process in Mississauga, expects to open their first locations soon, as well. “We are exploring up to half a dozen potential Canna Cabana locations in Mississauga,” says Khan. “To date we have submitted three applications into the AGCO and look forward to opening soon.””
Yeah the first one is really interesting, they are looking for bids for satellite launches lol. That's pretty rad considering it's a tractor company. I'm long AGCO, just becuase a lot of their gear works with older Deere stuff. Also, don't like that Deere is very anti right to repair.
Not completely related, but here's an example of what Deere is trying to do: [https://www.deere.com/en/news/all-news/john-deere-announces-request-for-proposals-for-satellite-communications-opportunity/](https://www.deere.com/en/news/all-news/john-deere-announces-request-for-proposals-for-satellite-communications-opportunity/) Here's some around automation: [https://www.agweb.com/news/business/technology/john-deere-looks-leaps-automation-and-digitalization](https://www.agweb.com/news/business/technology/john-deere-looks-leaps-automation-and-digitalization) Here's the CEO of AGCO, a competitor to Deere talking about the importance of automation: https://www.youtube.com/watch?v=ziX7y-5jvVI
Added to my AGCO position today. Today’s DE earnings should indicate good things for them. I also averaged down on ASO today if you’re willing to take a retail risk. They took a dive today because of foot locker, but ASO has their own big stores for foot traffic, not reliant on mall foot traffic like FL.
You’d think AGCO would be green on DE’s earnings. Bought some more AGCO and ASO on their dips. It’s silly for ASO to be down so much on Foot Locker earnings. They are their own giant buildings, not hidden away in the mall.
For us AGCO holders, today is the ex-div date for the $5 special div. It explains the drop today.
Which was interesting because AGCO actually had pretty solid quarter. They grew 24% YoY. Full year guide was a little low on the revenue, but a raise on the EPS.
Stoked to see DE numbers tomorrow. AGCO has been one of my biggest losers this year. Hoping so some solid numbers.
None of the plays mentioned here. Just watch the market. You could’ve made a lot of money with puts on regionals banks on Thursday, but also the same on shares the following day. The market is unsure of the direction of the market, so volatility is ramping up. Be careful, but find the right plays and have the right safety measures. I traded AGCO from 122 on Thursday to 127 on Friday.
Looks like we're recovering from the morning bloodbath. As painful as they are, I do like red days to shore up some stocks. Averaged up on STRL and AGCO. Averaged down on BWA. Now I just bite my nails and wait on the CLFD ER AH. I'll either end the the day super sad or super happy on that one. May the fourth be with you all.
Mainly I wanted the capital to buy AGCO, which has better P/E to forward P/E and P/S and a special div coming up. I was at a 28% return for UFPT, and didn’t want to lose those gains if it settles down from ATHs. I will probably open another position on a red day in the future, but psychologically all time highs make me nervous and make me want to sell.
Overall super happy with my trading day so far. Sold my entire position of UFPT at 141 with a 110 cost basis. Think it’s still a good stock but think there is better growth elsewhere. AGCO had great earnings and special div upcoming, so opened a position at 123.17 avg. Added to my KMI, PSCE, and HBM positions. Opened a position in ASO at 60.77 avg. Sold some BTU and bought some AMR. As much as I like BTUs financials, I really dislike their management.
AGCO has been on my watchlist for awhile now. Going to open half a position today, and if it goes down to its bottom trendline, I’ll scoop up some more shares.
$AGCO numbers: Q1 Non-GAAP EPS of $3.51 beats by $0.80. Revenue of $3.3B (+24% Y/Y) beats by $150M. Excluding unfavorable foreign currency translation of approximately 5.4%, net sales in the quarter increased approximately 29.6% compared to the first quarter of 2022. Announced $5.00 per share special variable dividend and raised quarterly dividend 21% AGCO’s net sales for 2023 are expected to be approximately $14.5 billion vs. $14.06B consensus, reflecting improved sales volumes and pricing. Gross and operating margins are projected to improve from 2022 levels, reflecting the impact of higher sales and production volumes as well as pricing. These improvements are expected to fund increases in engineering and other technology investments to support AGCO’s precision agriculture and digital initiatives. Based on these assumptions, 2023 earnings per share are targeted at approximately $14.40 vs. $13.61 consensus
I'm not in DE, but I have a position in AGCO.
It's not the towns, it's the AGCO. The only aspect they make money off is stores opening so of course they don't care if too many are in the same area. That's the store owner's problem!
We are all guessing. I will say though, from a stock holders perspective Deere is a beast. From a farmers/customer perspective Deere is horrible to work with. They have been trying for years to get farmers to lease not own their equipment. AGCO is interesting, but in the upper midwest their brands are not household names. Deer's biggest competitor has always been Case/IH. This would be $CNHI or $TITN which sells a lot of the Case/IH brands in USA. I have no idea who stocks will react. I prefer to buy companies that make a shit ton of cash, Eventually if you have a long enough horizon the stock prices will catch up.
It's also a big component of food inflation prices. It's also a buy product of the war. That's why I'm bullish on AGCO. Farmers trying to do more with less.
I used to hold TITN, but sold off before the last earnings. I think they are all pretty solid TBH, but I like the evaluations on TITN and AGCO more. I wanted to go with more a pure play in agriculture, especially since AGCO makes equipment that works with older Deere stuff.
AGCO is better priced valuation wise than Deere. I like Titan better personally; but some of that is prolyl a bias since I see their tractor dealerships all over the countryside here off the interstates. It's easier for hold onto stocks on downturns when I am constantly reminded why I bought into the company to begin with : )
I got AGCO like a month ago at like 141. I'm down like 13% on that position now. Same thing happened when I first opened a position in ATKR. It went from like 100 - 80 in a few days, but it bounced back. I mean, I have conviction in my investments, but last week crushed me. I'm more invested in industrials and companies that will do well with infrastructure, electricifaction, and data centers. Everyone feared recession last week and a ton of things sold off. I have the worst timing with these things lol.
They had a huge miss due supply chains last quarter. It's pretty bad. Then AGCO got downgraded the other day as well as some insider selling today.
If you are thinking of DE, AGCO is another interesting company in the same space.
I got some more AGCO and WCC today.
WCC and AGCO have some solid entry points as well right now.
Anyone buying today? Thinking of getting some more AGCO
I don’t think DE is too terribly priced. I also own AGCO. Not too terribly priced either.
Just depends on what you are looking at, but right now, here's some solid longs. They should all have pegs under 1 and have reasonable foward PE's and PS: CLH - industrial waste company, should do well with the infrastructure, ira, and reshoring in the US. TITN, AGCO - Both deal with industrail and farming equipment. AGCO is a pure farming play. They have the best selling trackers in the US and make some tech that works with older farm equipment. Seeing more sales in the US. STRL - Construction play, same tailwinds as CLH, but they are seeing explosive growth in their e-infrastructure segment. One of the largest specialty site development companies serving large, blue-chip customers in the e-commerce, data center, distribution center, warehousing, and energy sectors. SMCI - sell data center equipment.
> AGCO I think AGCO is the company I was reading about could benefit from rising demand from the emerging economies. DE is just too expensive for poorer farmers and AGCO is like the discount version of DE.
It’s funny because even in that podcast/article, they talk about a company DE failed to acquire that AGCO got, precision planting, lol. Going to open a position tomorrow
AGCO... the red headed step brother of DE. Way better value.
I already have a position in TITN, but I’m looking at AGCO. It’s super interesting company and they are doing a ton in tech in terms of having their modules work with older machinery. Also, it’s kind of wild, but in terms of self driving and fully autonomous vehicles, trackers should be there way sooner. It’s a solid read, you can also listen to the podcast version here: https://www.barrons.com/podcasts/streetwise/welcome-to-corn-country/332c5c75-182f-41d0-a702-e109cc91385d?page=1& It’s the same author, I’m a fan of this one. It’s actually pretty solid reporting and always full of interesting topics and companies.
I think most people would be fine with a stock down only $6 from ATH's. I'm more interested in seeing if there is value in other stocks in that sector like perhaps $AGCO or $TITN, or if stocks like $CAT and $DE are the difference makers. A forward P/E of 15.8 isn't that bad for a stock like $CAT as long as they beat on earnings. I would imagine many people are betting and front running a trade on countries around the world increasing government spending on infrastructure going into and trying to get out of a recession which is a reasonable bet.
The stock I'm wading increasingly into these days is AGCO. First, it's a conservative industry that will always be around. Tractors aren't going anywhere, and while AGCO isn't the largest player, it's a significant one, owning the Massey Fergusson, Valtra, Fendt, and IDEAL brands, among others. Secondly, it has the lowest Debt/Equity of the big manufacturers (Deere and Case/New Holland). It pays a less-than market dividend, but what it does is extremely sustainable with one of the lowest payout ratios I've personally seen. It's trading at the lowest PE of similar companies, and the earnings used I think are a fair and accurate reflection, and is growing internationally. It's 5 year revenue growth rates are 2nd behind Deere, and it's EPS growth is first. It'll never moonshot, but I'm confident my money will grow over a long time horizon. Plus, [tractors are sexy AF](https://www.shutterstock.com/image-photo/girl-new-fendt-936-gen6-260nw-1769357444.jpg).