Titan Machinery (NASDAQ:TITN)

The company has a network of equipment stores that sell full service agriculture and construction equipment. These stores cater to farmers, construction companies and infrastructure firms, putting TITN in the very middle of the shortage crisis.

The shortage of lumber makes tree harvesting more profitable because of higher prices. The same goes for gains and other agricultural commodities. And with demand for home construction, business construction and infrastructure work on the rise, the heavy equipment that TITN sells is in high demand.

For many family farms and industrial companies, there is an added incentive to buy new equipment.

With prices (and profits) surging, companies are better able to pay for new machinery. And in today's digital age, upgrading to a new tractor, harvester or earth mover can make a huge difference in productivity.

Thanks to GPS technology, pinpoint accuracy, and even autonomous driving features, equipment operators can get much more out of every new piece of equipment than they were producing with older models.

That's especially important in today's economy where labor is tight. By upgrading equipment, businesses can get more done with fewer employees which allows them to continue operating and growing profits even in a season where workers have more incentive to stay at home and collect unemployment benefits.

Put it all together and you've got a situation where farming companies and industrial businesses:

Have growing profits to fund new equipment purchases.
Can access more efficient and effective technology.
Must upgrade to do more work with fewer labor costs.
Clearly this is a perfect time to be selling this cutting-edge equipment.

Accumulation of options suggests that something is inteesting may be developing.

They seem to be in position to benefit from increased infrastructure spending.