Financial ? about Ag. cos.

IMHO, none of the AG companies are buys right now. Deere is the best run of the three, but NOT at a buy right now. I like CNH, but the fact that is 80% owned by FIAT is a negative to me. Those huge international conglomerates never seem to work out very well. How can those guys in Turin know what the farmer in Iowa wants or needs? How can they possibly run this effectively? Odds are that they can't.

Would never buy Agco. They are a collection of widows and orphans and don't have much going for them. Apart from Massey, when was the last time you saw a new Agco tractor going down the road? The sales just aren't really there. At least not here in the upper Midwest.

However, you forgot to add CAT to the list of choices. Also not a buy, but is on the watch list.

Not trying to sell myself, just commenting on the issue. Actually have been buying oil/energy stocks and big drug stocks here as well as good companies like WAG, and GE.

Just my 2 cents.

Last time I checked, about 6 weeks ago Vector Vest had DE as a buy.

Both of these 'services' take advantage of market timing, ie it's all just a big up and down continuous cycle.

Bill

I think there are some problems with the analysis here. First, I guess these are "AG" companies but both Case and especially Deere are heavy into lawn & garden. Second, while in the USA we are basing our economy on housing starts instead of bushels of wheat, other developing nations are not. This is important because these are now global companies and are not necessarily tied to US farms in the long run (depressing as that may be). Third, if you are really interested in buying into a company AND you are able to post on this forum, you have acess to the charts and quotes that most ISP's make available. Let us take Deere and AOL as our examples. On AOL you can pull a quote every 20 minutes and can chart the stock's historical performance going back years. For all the gloom and doom you may be hearing, Deere has been on a steady CLIMB for three years now and is relatively high right now.
Should you buy Deere? NO! Watch it and buy it during a low period. The charts can tell you what is low and what is high. Do you sell it if it goes into a slump...well, duh....of course not.
Indy made money on Deere because he sat on it. That is traditionally how you do it. Can't tell you how many clients I have with six figure stock losses from day trading. That's my opinion, for what it is worth. Now....could you send me your billing address? 8>)

Dave the CPA

I would not buy into any of the 3 you mention at this time.

--->Paul