Deere & Company (DE), CNH Global NV (ADR) (CNH): Is AGCO Corporation (AGCO) Poised to Take on the Titans?

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OK, I guess you’re onto something

The charts tell me two important points. First, AGCO’s $2.5 billion worth of purchases from 1990 to 2004 has paid off in spades, as the company is earning higher returns as evidenced in the chart. Second, while AGCO hasn’t been able to keep up with the momentum at Deere & Company (NYSE:DE), it is on pace to overcome CHN as the second-largest agriculture equipment firm. But I wouldn’t put it past AGCO to eventually take the top spot, considering its massive growth since 1990. This company is definitely worth a look in my book.

The article Is AGCO Poised to Take on the Titans? originally appeared on Fool.com and is written by Phillip Woolgar.

Phillip Woolgar has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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