Why Deere Is Poised to Leap Forward
With that in mind, let's take a closer look at Deere and see what CAPS investors are saying about the stock right now.
Moline, Ill. (1837)
Farm and construction machinery
Chairman/CEO Samuel Allen
CFO Rajesh Kalathur
$4.2 billion / $32.7 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 2,895 members who have rated Deere believe the stock will outperform the S&P 500 going forward.
Agriculture AND infrastructure are two great places to be long term. Famous, well respected company that pays a decent dividend. It's hard to beat the S&P and there's a good case to be made just to buy some SPY every so often. But if you enjoy owning individual stocks (like I do) Deere is an excellent choice. [Warren Buffett] agrees, by the way. P/E, PEG are reasonable.
If you want market-topping returns, you need to put together the best portfolio you can. Of course, despite its four-star rating, Deere may not be your top choice.
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The article Why Deere Is Poised to Leap Forward originally appeared on Fool.com.Motley Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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