Monday, June 11, 2012

Investopedia: Is Titan Machinery Overpaying For Growth?

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

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