AGCO Rises On Unusually High Volume (AGCO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- AGCO (NYSE: AGCO) is trading at unusually high volume Tuesday with 2.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $2 (+3.9%) at $53.25 as of 4:07 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

AGCO has a market cap of $4.97 billion and is part of the industrial goods sector and industrial industry. Shares are up 3.2% year to date as of the close of trading on Monday.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AGCO as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full AGCO Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Harvest Some Profits on AGCO

Harvest Some Profits on AGCO

Mixed Signals Perplex Markets: Cramer's 'Mad Money' Recap (Friday 6/23/17)

Ulta Beauty, Nutanix, Reynolds American, KeyCorp, Broadcom: 'Mad Money' Lightning Round

Analysts' Actions -- Autodesk, Estee Lauder, Newell Brands, Western Digital and More

Your Game Plan for Next Week: Cramer's 'Mad Money' Recap (Friday 4/28/17)