Friday, June 20, 2008

AGCO (AG) is a BUY!!


Current price: $54.35

A couple days ago this stock made a huge more on an analyst upgrade. Now, it have it all back.

I completely agree with the theory of margin expansion. John Deere (DE), has a profit margin of almost 2x of AG- clearly, there is room for growth.

Please SELL the Nov 55 Call for $7.30. These calls are really pumped up: like taking candy from a baby.

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