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$63.23 -0.27 (-0.43%)
9/5/2008 4:01 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 NJStockGuru (68.22) Submitted: 5/12/08 8:21 PM : Outperform Start Price: $85.14 DE Score: -14.74

Solid stock performance so far. As well, the Ag sector is still on fire!! To boot, as long as the mandated "ethanol boondoggle" continues I will be long in this entire sector. Thirty percent of corn is now grown for fuel. Corn-based fuel is a waste of money and energy. CORN IS FOOD!!! (and our politicians are idiots, not just evil and crooked)
Also, DE has one of the more reasonable fundamentals in its sector, although its expensive by my standards, unlike Terra Nitrogen (TNH) - my personal favorite in the Ag sector (Note: I owned TNH throughout the downturn from October 2007 until now and it NEVER turned negative and it pays a ridiculous dividend).

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