Fieldpoint Strategist on the Industrials Industry

The video discusses Deer's strong pricing power due to high demand, allowing them to offset rising costs. It contrasts the industrial sector's underperformance with the consumer space, highlighting challenges like high valuations and supply chain issues. The impact of energy inflation on food prices and Deer's role in agriculture is explored. Capital spending trends show a focus on electric vehicles and semiconductors, with constraints due to supply chain issues. Deer's M&A strategy focuses on high-tech opportunities. Labor market dynamics suggest potential wage challenges and increased labor actions in 2022.

What role does infrastructure play in Deere's business model?

How might energy inflation impact food prices and Deere's operations in the future?

What are the expected trends in capital spending within the industrial sector for 2022?