Agriculture Stocks To Add to Your Watchlist - August 24th

Key Points

• Norfolk Southern, Bloom Energy, and Deere & Company are highlighted as the top agriculture stocks to watch, driven by significant trading volumes in recent days.
• Norfolk Southern plays a crucial role in the transportation of various agricultural and consumer goods, including raw materials and finished products.
• Deere & Company specializes in manufacturing equipment for agriculture, construction, and forestry, focusing on a wide range of agricultural and turf care solutions.

Norfolk Southern, Bloom Energy, and Deere & Company are the three Agriculture stocks to watch today, according to MarketBeat's stock screener tool. Agriculture stocks are shares of companies involved in the cultivation, processing, and distribution of agricultural goods—ranging from seed and fertilizer manufacturers to farm‐equipment producers and commodity traders. Their performance is driven by factors such as weather conditions, crop yields, global food demand, and commodity price fluctuations. As a result, they offer investors exposure to the essential food-and-fiber supply chain and can serve as a hedge against inflation. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

Read Our Latest Research Report on NSC

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Read Our Latest Research Report on BE

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Read Our Latest Research Report on DE

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