Deere & Company (NYSE:DE)

CAPS Rating: 4 out of 5

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

Recs

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Player Avatar bradford86 (99.43) Submitted: 1/16/2012 4:37:06 PM : Outperform Start Price: $84.64 DE Score: -12.77

293. Deere & Co. (NYSE: DE) is likely heading higher. I'm a bigger fan of agriculture companies than straight industrial / building companies. Target: $85-$95. I'm actually surprised that Deere is so cheap. I'm voting CAPS points on this one. The price is forecasting some small recession in the next 5 years, but I think that Deere would be a net beneficiary of something like that in the long term. Put me in the shoes of a large fund manager, I see no reason not to take a position now with the idea that you'd start legging in if things do get worse.

http://beta.fool.com/bradford86/2012/01/16/price-market-part-45/

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