Why David Einhorn Is Buying CNH, a Cheap Stock ‘No One Cares About’

• Famed value investor David Einhorn says he’s betting on CNH Industrial.
• The stock is trading cheap, but has upside as an agricultural boom mounts, he said.
• Einhorn’s Greenlight Capital is also increasing inflation bets after Donald Trump’s election.

Famed hedge fund investor David Einhorn isn’t one to shy away from market rejects — even if the stock in question was down more than 17% year-to-date as of Wednesday.

The Greenlight Capital founder disclosed that he has built a position in CNH Industrial, a global firm