4 Farm Equipment Stocks to Watch Amid Industry Challenges
Alamo (ALG) Zacks Investment Research·2024-01-30 16:55
Despite weak commodity prices and high costs marring the near-term outlook of the Zacks Manufacturing - Farm Equipment industry, it will gain from sustained demand for agricultural equipment required to feed a growing population.Major players like Deere (DE) , Kubota (KUBTY) , Alamo Group (ALG) and Lindsay (LNN) are well-poised to benefit from this demand by expanding their product offerings. The industry’s emphasis on revolutionizing agriculture with technology to make farming automated and more precise is ...