According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best agriculture stocks to buy right now are:
1. Agco (NYSE:AGCO)
Agco (NYSE:AGCO) is the #1 top agriculture stock out of 23 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Agco (NYSE:AGCO) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Agco (NYSE:AGCO) has a Due Diligence Score of 35, which is 4 points higher than the agriculture industry average of 31.
AGCO passed 12 out of 38 due diligence checks and has average fundamentals. Agco has seen its stock return 0.48% over the past year, underperforming other agriculture stocks by -28 percentage points.
Agco has an average 1 year
price target of $134.71, an upside of 17.84% from Agco's current stock price of $114.32.
Agco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Agco, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.
2. Caterpillar (NYSE:CAT)
Caterpillar (NYSE:CAT) is the #2 top agriculture stock out of 23 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Caterpillar (NYSE:CAT) is: Value: D, Growth: C, Momentum: A, Sentiment: B, Safety: B, Financials: C, and AI: C.
Caterpillar (NYSE:CAT) has a Due Diligence Score of 53, which is 22 points higher than the agriculture industry average of 31.
CAT passed 21 out of 38 due diligence checks and has strong fundamentals. Caterpillar has seen its stock return 133.25% over the past year, overperforming other agriculture stocks by 105 percentage points.
Caterpillar has an average 1 year
price target of $893.40, a downside of -6.2% from Caterpillar's current stock price of $952.41.
Caterpillar stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Caterpillar, 46.67% have issued a Strong Buy rating, 20% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Alamo Group (NYSE:ALG)
Alamo Group (NYSE:ALG) is the #3 top agriculture stock out of 23 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
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The Component Grade breakdown for Alamo Group (NYSE:ALG) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.
Alamo Group (NYSE:ALG) has a Due Diligence Score of 44, which is 13 points higher than the agriculture industry average of 31.
ALG passed 15 out of 38 due diligence checks and has strong fundamentals. Alamo Group has seen its stock lose -28.78% over the past year, underperforming other agriculture stocks by -57 percentage points.
Alamo Group has an average 1 year
price target of $188.00, an upside of 16.42% from Alamo Group's current stock price of $161.48.
Alamo Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Alamo Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.