Deere & Company (NYSE:DE)
CAPS Rating:
The Company operates in 4 segments: agricultural equipment segment, commercial and consumer equipment segment, construction and forestry segment, and credit segment.
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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Recs
1) Deere is a key component of the worldwide (human) food chain. Their dominating presence across the US in local dealerships that service all makes lend stability.
2) Not just green, but yellow. Construction will be a key recipient of stimulus funds, and yellow machines from CAT, DE, and others will be purchased and maintained.
3) Quality. Deere has never been cheap, but they have a reputation for quality that is as tough as their equipment. A key provider of US jobs, the US has a vested interest in keeping green going.