3 Farm Equipment Stocks to Watch Amid Industry Challenges
The Zacks Manufacturing - Farm Equipment industry is facing near-term challenges from weak commodity prices and high costs. However, it will eventually benefit from sustained demand for agricultural equipment, driven by a growing population.Industry players like Deere & Company (DE) , CNH Industrial N.V. (CNH) , AGCO Corporation (AGCO) and Lindsay Corporation (LNN) are well-poised to benefit from this demand by expanding their product offerings. The industry’s emphasis on revolutionizing agriculture with te ...