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. Astec Industries (NASDAQ:ASTE)
The Component Grade breakdown for Astec Industries (NASDAQ:ASTE) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Astec Industries (NASDAQ:ASTE) has a Due Diligence Score of 56, which is 20 points higher than the agriculture industry average of 36.
ASTE passed 20 out of 38 due diligence checks and has strong fundamentals. Astec Industries has seen its stock return 17.27% over the past year, overperforming other agriculture stocks by 9 percentage points.
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: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Agco (NYSE:AGCO) has a Due Diligence Score of 37, which is 1 points higher than the agriculture industry average of 36.
AGCO passed 13 out of 38 due diligence checks and has average fundamentals. Agco has seen its stock return 13.12% over the past year, overperforming other agriculture stocks by 4 percentage points.
Agco has an average 1 year
price target of $120.38, an upside of 15.27% from Agco's current stock price of $104.43.
Agco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Agco, 37.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Columbus Mckinnon (NASDAQ:CMCO)
The Component Grade breakdown for Columbus Mckinnon (NASDAQ:CMCO) is: Value: B, Growth: B, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.
Columbus Mckinnon (NASDAQ:CMCO) has a Due Diligence Score of 39, which is 3 points higher than the agriculture industry average of 36.
CMCO passed 14 out of 38 due diligence checks and has average fundamentals. Columbus Mckinnon has seen its stock lose -60.06% over the past year, underperforming other agriculture stocks by -69 percentage points.