AGCO: It's (Past) Time To Move On
AGCO (AGCO) Seeking Alpha·2024-08-03 08:20
Ballygally View Images/iStock Editorial via Getty Images The Agricultural and Farm Machinery industry has been rough on investors over the past three years. Since the start of 2021, only Deere & Company (DE) and Alamo Group (ALG) have delivered positive total returns, but both turned sharply negative shortly thereafter. In 2024, exactly zero of the eleven companies in this sector are showing positive returns. AGCO Corporation (NYSE:AGCO) has been one of the sector’s worst performers. While it has attract ...