December 14, 2010 at 17:19 PM EST
Peak Conditions Provide Fertile Ground For Farm Equipment Makers
It's a simple equation. When farmers' income is up and debt generally low, farmers invest in new equipment. And right now, farmers in the U.S. and around much of the world are enjoying boom times. This should turn into continuing gains for major farm equipment makers Deere (DE), Agco (AGCO) and CNH Global (CNH), who stand to profit from a mix of factors now aiding farmers. As people in China, India and other developing nations achieve a higher
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