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$42.45 4.33 (11.36%)
10/13/2008 4:06 PM

Deere & Company (DE)

CAPS Rating:
****

The Company operates in 4 segments: agricultural equipment segment, commercial and consumer equipment segment, construction and forestry segment, and credit segment.

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Avatar eheck9 (89.09) Submitted: 7/06/07 7:39 AM : Outperform Start Price: $60.14 DE Score: 11.56

Deere is consistently ahead of the curve with new emission standards going into effect over the next several years on all large machinery. As demand for the corn used in ethanol increases profits for farmers go up. Farmers being good commonsense folk know that if they dont spend thier hard earned money the goverment get it in taxes so many of them use it to make large equiptment purchases. Brand recognition among non agricultural folks is high as well.

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