CNH Industrial: Near-Term Pessimism Provides Long-Term Opportunity

CNH Industrial (NYSE: CNH ) shares have dropped precipitously over the past two years, mirroring the commodity market and reflecting concerns over rising interest rates. The company's results are sure to be depressed in the near-term, but there are reasons toI manage a handful of portfolios, all of which have outperformed the S&P 500 index since inception in 2020. I like to evaluate businesses as a business - not a stock ticker - and invest when I judge the market to have significantly mispriced them. I hav ...