AGCO, DAL: 2 Stocks That Analysts Are Focusing on Right Now

With the knowledge that 2023 could bring us even more dire straits than 2022, we enter the new year. Investors can still build a strong portfolio regardless of what happens. This is possible by investing smartly, and paying attention to what experts recommend. Agco (AGCO). Agco is an agricultural equipment manufacturer. It has a large network of distributors and dealers in 140 countries. Strong farm fundamentals and increasing demand for Agco's precision farming solutions are supporting a steady flow of orders. The company continues to see a strong market demand for its technology-focused products which is driving margin growth and sales growth. Jamie Cook reiterated her Buy rating for the stock and increased the price target from $143. to $174. Agco's Analyst Day highlighted three growth catalysts that the company intends to capitalize on: Fendt agricultural machinery and precision agriculture. It also raised its price target from $143. Is AGCO a good stock to buy? Based on eight Buy ratings, and two Hold ratings, Wall Street considers AGCO stock a Strong Buy. His Buy rating for his favorite U.S. carrier was maintained and the price target raised to $59 from $55, fueled by its "combination of international routes exposure, seat miles cost dilution and relatively stable fuel prices." Delta Air is poised to benefit from the U.S.'s domestic aviation recovery faster than other international corridors. The Wall Street consensus rates DAL stock a Strong buy based on 13 Buys as well as one Hold. The average price target of $49.07 indicates an upside of 48% over the next year.TakeawaysChoosing well-capitalized stocks with robust fundamentals and a strong outlook can ensure a healthy portfolio despite a market downturn. Both Agco and Delta Air have what it takes to create wealth for their investors in any market environment.Disclosure