StockProfit.com Issues a Technical Trading Alert on AGCO
Corporation (NYSE: AG)
Los Angeles, CA ---December 11th, 2007 ----Tony Golan,
Chief Technical Analyst with StockProfit.com, has issued a Technical Trading
Alert on AGCO Corporation (NYSE: AG).
According to Mr. Golan, “AG
is in a strong long-term up-trend.The
stock is making higher highs and higher lows above a rising 200-day moving
average.Relative Strength
Differential (RSD), our proprietary indicator for selecting super-strong
stocks, is well above the 25% threshold, indicating AG is moving
substantially faster than the S&P 500 and can therefore be considered as
a candidate for a buy.”
December 10th, 2007 - DULUTH, Ga
-- AGCO Corporation (NYSE:AG), a worldwide manufacturer and distributor of
agricultural equipment, announced today that it will conduct an analyst
briefing in New York City on Tuesday, December 18, 2007. The briefing will
include presentations by Martin Richenhagen, AGCO’s Chairman, President, and
CEO, and Andy Beck, AGCO's Chief Financial Officer. The briefing will begin
at 8:30 a.m. E.S.T. Investors may listen to a live webcast of the
presentation by accessing the link in the "Investors &
Media/Calendar of Events" section at www.agcocorp.com. The webcast will also be archived
immediately afterwards.
About AGCO
Founded in 1990, AGCO Corporation (NYSE:
AG) (www.agcocorp.com)
is a global manufacturer of agricultural equipment and related replacement
parts. AGCO offers a full product line including tractors, combines, hay
tools, sprayers, forage, tillage equipment and implements, which are
distributed through more than 3,200 independent dealers and distributors in
more than 140 countries worldwide. AGCO products include the following well-known
brands: AGCO®, Challenger®, Fendt®, Gleaner®, Hesston®, Massey Ferguson®, New
Idea®, RoGator®, Spra-Coupe®, Sunflower®, Terra-Gator®, Valtra®, and White™
Planters. AGCO provides retail financing through AGCO Finance. The Company is
headquartered in Duluth, Georgia and, in 2006, had net
sales of $5.4 billion.
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StockProfit.com, is dedicated to using technical analysis to
identify stocks in particularly powerful up-trends, then pinpoint the optimal
time to enter these stocks, in addition to providing an online resource for
aggressive risk-tolerant market participants who wish to learn about select
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