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. Columbus Mckinnon (NASDAQ:CMCO)
The Component Grade breakdown for Columbus Mckinnon (NASDAQ:CMCO) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Columbus Mckinnon (NASDAQ:CMCO) has a Due Diligence Score of 50, which is 18 points higher than the agriculture industry average of 32.
CMCO passed 18 out of 38 due diligence checks and has strong fundamentals. Columbus Mckinnon has seen its stock lose -9.62% over the past year, underperforming other agriculture stocks by -21 percentage points.
Columbus Mckinnon has an average 1 year
price target of $21.00, an upside of 43.25% from Columbus Mckinnon's current stock price of $14.66.
Columbus Mckinnon stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Columbus Mckinnon, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Agco (NYSE:AGCO)
Agco (NYSE:AGCO) is the #2 top agriculture stock out of 24 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% 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 3 points higher than the agriculture industry average of 32.
AGCO passed 12 out of 38 due diligence checks and has average fundamentals. Agco has seen its stock return 9.95% over the past year, underperforming other agriculture stocks by -2 percentage points.
Agco has an average 1 year
price target of $127.29, an upside of 13.56% from Agco's current stock price of $112.09.
Agco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Agco, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.
3. Caterpillar (NYSE:CAT)
Caterpillar (NYSE:CAT) is the #3 top agriculture stock out of 24 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Caterpillar (NYSE:CAT) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: B, Financials: C, and AI: C.
Caterpillar (NYSE:CAT) has a Due Diligence Score of 49, which is 17 points higher than the agriculture industry average of 32.
CAT passed 19 out of 38 due diligence checks and has strong fundamentals. Caterpillar has seen its stock return 154.9% over the past year, overperforming other agriculture stocks by 143 percentage points.
Caterpillar has an average 1 year
price target of $851.75, a downside of -1.64% from Caterpillar's current stock price of $865.95.
Caterpillar stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Caterpillar, 43.75% have issued a Strong Buy rating, 18.75% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.