Wednesday, April 20, 2011

Investopedia: Keep An Eye On This Titan

No one knows when the next run in agriculture is going to start, or if the last one is truly over yet. After all, some of the high crop prices last year were certainly due to a spate of bad harvests, and favorable weather could deliver a bumper crop this year. Then again, a large amount of the U.S. corn crop is going to ethanol, food demand is ever-growing and natural disasters are a "where" not "if" question. 


When agriculture runs, investors turn to fertilizer stocks like Potash (NYSE:POT), equipment companies like Deere (NYSE:DE), seed companies like Syngenta (NYSE:SYT), and ETFs like PowerShares Agriculture (NYSE:DBA) and MarketVectors Agribusiness (NYSE:MOO).

Perhaps investors should add Titan Machinery (Nasdaq:TITN), the leading dealer of CNH Global's (NYSE:CNH) Case and New Holland agriculture and construction equipment, to their watch lists. Not only is this a viable play on agriculture equipment demand, but it gives investors exposure to a recovery in construction equipment demand (whenever that may happen). 



To read the full piece, please go here:
http://stocks.investopedia.com/stock-analysis/2011/Keep-An-Eye-On-This-Titan-TITN-DE-CNH-CAT-AGCO-DBA-MOO0420.aspx

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