Reported 9 days ago
Billionaire investor David Einhorn is investing in CNH Industrial, a struggling agricultural equipment company, despite its stock being down 17% year-to-date. Einhorn believes the company's current low valuation presents a buying opportunity as an agricultural boom looms. He notes CNH has solid fundamentals, including low leverage and a decent dividend yield, and anticipates a stock rally in the medium term despite the current agricultural downturn.
Source: YAHOO