** Citi Research expects U.S. core machinery markets - including truck, agricultural and construction - to likely bottom in 2025
** Brokerage says caution is warranted heading into 2025 citing moderating inflation
** "We view Trump's second term as more supportive of capex and machinery demand and prices" - brokerage
** Citi expects 2025 to a "big down year" for agricultural equipment; assumes slight demand recovery and sees potential for re-stock in 2026
** Sees global unit sales of construction equipment to bottom in 2025 due to material weakness in China and Europe
** Brokerage picks some U.S. machinery stocks such as CNH Industrial , Caterpillar , Cummins and PACCAR as top picks
** Up to last close, S&P 500 Machinery index up 24.20% YTD
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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