In today's technology-driven world, farming is no longer a low-tech
occupation. According to the latest Sector Focus commentary from
Turner Investments, select companies bringing technology to the field
through precision agriculture could generate double-digit earnings
growth over the next few years.
Titled Precision agriculture bears fruit for tech-savvy farmers, the
piece was written by the five Turner analysts who cover the cyclical
sector: Dan Hirsch, global security analyst; Joshua Kohn,
portfolio manager/global security analyst; Mike Lozano, global security
analyst; Don Smith, portfolio manager/global security analyst; and Scott
Swickard, global security analyst. Turner Investments, based in Berwyn,
Pennsylvania, publishes Sector Focus commentaries monthly as part
of the continuing efforts of its five teams of security analysts to
monitor market sectors for its growth-stock portfolios.
According to the analysts, farmers, as part of today's
precision-agriculture movement, are "as likely to be wielding an iPhone
as a pitchfork." Precision agriculture uses global-positioning
satellites, database management, and digital imagery, among other
technoloy, to help farmers make more exact decisions about planting
seeds, irrigating crops, and applying fertilizer. In turn, fields
produce higher crop yields at lower costs, using more
The analysts identify three companies that offer farm equipment, seeds,
technology, or services that they believe are particularly well
positioned to benefit from the growth of precision agriculture: Deere,
Monsanto, and Trimble Navigation.
To read this December 2012 Sector Focus in its entirety, click on
this link to the Turner Investments Web site: www.turnerinvestments.com/cyclical.
Or call 484.329.2407 for a free copy of the piece.
The views, opinions, and content presented are for informational
purposes only. They are not intended to reflect a current or past
recommendation, investment, legal, tax, or accounting advice of any
kind, or a solicitation of an offer to buy or sell any securities or
investment services. Except as otherwise specified, any companies,
sectors, securities, and/or markets discussed are solely for
illustrative purposes regarding economic trends and conditions or
investment process and may or may not be held by Turner, the Turner
Funds, or other investment vehicles or accounts managed by Turner or its
affiliates. Past performance is no guarantee of future results.
Turner Investments refers to Turner Investments, L. P., its
subsidiaries, and affiliates. Nothing presented should be considered to
be an offer to provide any Turner product or service in any jurisdiction
that would be unlawful under the securities laws of that jurisdiction.
Turner Investments, founded in 1990, is an investment firm based in
Berwyn, Pennsylvania. As of September 30, 2012, we managed more than $11
billion in stocks in separately managed accounts and mutual funds for
institutions and individuals.
As of November 30, 2012, Turner held in client accounts 327,380 shares
of Deere, 705,555 shares of Monsanto, and 1 million shares of Trimble
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