LINDSAY CORPORATION: A safe haven in a volatile market

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Lindsay Corporation ($NYSE:LNN) is a diversified company that manufactures and sells agricultural equipment and infrastructure products. The company has two main segments: Irrigation and Infrastructure. The Irrigation segment designs, manufactures, sells, and services irrigation systems and related components for agricultural, commercial, and residential end markets. The Infrastructure segment designs and manufactures road safety systems, including traffic control products, signs, and lighting products, for highway, bridge, and railway applications. The company’s shares have outperformed the market in recent years, as investors have sought out safe havens in a volatile market. Lindsay Corporation’s products are considered to be counter-cyclical, meaning they tend to perform well during economic downturns. This is because demand for the company’s products is relatively insensitive to economic cycles.

For example, demand for irrigation systems tends to be relatively stable, even during economic recessions. This is because farmers still need to water their crops regardless of the state of the economy. Similarly, demand for road safety products tends to be relatively stable, as there is always a need to ensure safe driving conditions. Looking forward, Lindsay Corporation is well positioned to continue outperforming the market. The company’s products are in high demand, and its strong financial position provides a buffer against economic downturns.

Market Price

LINDSAY CORPORATION is a safe haven in a volatile market. On Tuesday, LINDSAY CORPORATION stock opened at $155.7 and closed at $157.3, up by 0.8% from prior closing price of 156.2. The company has a strong balance sheet and a history of paying dividends, making it a safe investment in times of market volatility.

VI Analysis

The company manufactures and sells irrigation products and services for agricultural, commercial, and residential applications worldwide.

VI Peers

The Company operates through three segments: Irrigation, Infrastructure, and Industrial. The Irrigation segment offers a wide range of center pivot, lateral move, and hose reel irrigation systems that are designed to meet the specific water application needs of agriculture customers. The Infrastructure segment provides precast concrete pipe and manhole products used in sewer, water, and storm drainage applications. The Industrial segment offers steel pipes for various water-related applications, including oil and gas gathering, water transmission, mining, and agricultural drainage.

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Retro Green Revolution Ltd. has a market capitalization of $47.09 million as of 2022 and a return on equity of 5.72%. The company is engaged in the business of sustainable agriculture and forestry, with a focus on the reforestation of degraded lands. It has operations in the United States, Canada, and China.

– Two Rivers Water & Farming Co ($NASDAQ:NWPX)

Northwest Pipe Company is a manufacturer of welded steel pipe and tube products. The Company manufactures products primarily for the water transmission, oil and gas transmission, mining, and industrial end markets.

Summary

Many investors have been looking for safe haven investments to protect their portfolios. One option is Lindsay Corporation , a diversified company that provides products and services to the global transportation, irrigation, and infrastructure markets. The company has a strong balance sheet and is well-positioned to weather economic downturns.

In addition, Lindsay Corporation’s products are essential for many industries, which means that its revenue is relatively stable. For these reasons, Lindsay Corporation is an attractive option for investors seeking a safe haven in a volatile market.