Deere & Company (DE)

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    339.68 - 346.12

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  • This price makes no sense. All time highs and they’re making less revenue in the foreseeable future. Company is restructuring and laying oeople off too.
    • Makes total sense ... Deere produces equipment to harvest soft commodities like soybeans, wheat ... commodity prices will rice ... so does the price for equipment ... what caterpillar is for mining is Deere for farming ... this will make ATH in nexst few years ... dont look at the historical numbers!
    • They are not the smartest buisenesman but just wait this stock will go up soon
    • Agreed! Theres not enough people appreciating that Deere and Cat are also transitioning into a growth play with self driving and more automated equipment, AI AND ML, too. Making reliable/ durable equip in these spaces isn’t China’s forte either so low cost competitors are kept at bay.The wage of Cat equipment operators is FAR higher than the average Deere operator farm worker, though so I think Cat stands to gain more from self driving and automation vs Deere, though.
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