Showing posts with label titan machinery. Show all posts
Showing posts with label titan machinery. Show all posts

Tuesday, March 4, 2014

What you Need to Know About Deere

The agricultural sector hasn't said many positive things in recent weeks. Not only are investors fretting over deteriorating conditions at agricultural machinery distributor Titan, but Deere also recently outlined its expectations for a 3% decline in sales in 2014. Moreover, CNH Industrial  gave news of its expectation of a decline in demand for its agricultural machinery in 2014. In fact, the only good news -- more relevant to a company like Caterpillar within the sector -- is that the construction machinery outlook is improving. So, where does all this leave Deere as an investment proposition? It's time to look at three key factors affecting the stock.

READ THE FULL ARTICLE LINKED HERE

Sunday, February 23, 2014

Is Titan Machinery a Buy?

The only thing for sure about Titan Machinery's (NASDAQ: TITN  ) next set of results is that they are likely to spark some significant volatility in the stock price. The agriculture and construction dealership faced a multitude of issues in 2013, not least from strong competition from Deere (NYSE: DE  ) and AGCO (NYSE: AGCO  ) in Titan's core agricultural market. Meanwhile, Caterpillar's (NYSE: CAT  ) attempts at reducing construction machinery inventory are likely to have hurt its other segment.

Moreover,Titan's main supplier, CNH Industrial (NYSE: CNHI  ) , has been rolling out machinery with new Tier 4 technology (higher emission standards), and Titan has found it hard to pass pricing on to its customers. All told, the stock has had a lot of bad news priced in and is down nearly 47% in a year. Is now the time to buy it as a value play?