#6 - CNH Industrial (NYSE:CNHI)
When you think about agricultural and construction equipment, there may be a “green” company that comes to mind. But you may want to consider CNH Industrial N.V. (NYSE: CNHI). One reason for that is its commitment to new energy solutions.
The company has an international reach and is expanding into areas like electric tractors and tractors powered by alternative fuels. CNH Industial also has clients in the areas of automation and artificial intelligence as it attempts to offer solutions in the growing desire for a circular economy. All of this positions CNH Industrial for a future that is getting greener, but will still rely on farming and construction equipment.
CNHI stock is only owned by 35% of institutional investors. But an attractive valuation and a dividend that has a 25% payout ratio as of June 2023, are just two reasons why CNHI stock should be on a retail investor’s watch list.
About CNH Industrial
CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.
Read More - Current Price
- $0.00
- Consensus Rating
- Hold
- Ratings Breakdown
- 3 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $15.33
