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.
Recs
They are running at full capacity selling everything they can make. The wait time on a combine is over a year. Emerging markets demand farming equipment. What happened in the US will happen around the world. Less farms means that the remaining farms must be more productive. This will necessitate more modernization and Deere will profit hand over fist.