Investors have been getting more and more nervous about companies tied
to heavy vehicle sales in markets like agriculture and construction. To
some extent, then, I think the Street was looking for an excuse to
approach
Titan Machinery's (Nasdaq:
TITN)
earnings with a skeptical eye. While equipment sales remain robust,
margins have weakened and the company's aggressive expansion plans may be coming at too high of a cost if the ag
sector has indeed seen its best days.
Continue here:
http://stocks.investopedia.com/stock-analysis/2012/Is-Titan-Machinery-Overpaying-For-Growth-TITN-CNH-AGCO-DE0611.aspx
No comments:
Post a Comment