2 Agricultural Equipment Stocks With More Than 25% Upside Potential

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The agriculture sector has witnessed a resurgence in recent years, driven by higher commodity prices amid supply chain snags. While U.S. agricultural exports are cooling from the record levels reached in 2022, the agriculture market is projected to reach $3.90 trillion in gross production value this year, expanding at a 5.7% CAGR to $4.86 trillion by 2028. Concurrently, the agricultural equipment market is witnessing meaningful technology integration – including Internet of Things (IoT), artificial intelligence (AI), and machine learning. This presents promising prospects for sector expansion….

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