Fri, Aug 22, 2014, 5:22 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Deere & Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mmsa262 mmsa262 Feb 19, 2006 11:28 PM Flag

    Is Deere about tractors?

    Don't know how sofistikated I am, but I like Deere for 2 reasons: 1. It's cheap. The PE is very low, especially considering reasonable growth. Also, I love a decent dividend. 2. I think it is a reasonable play on dollar devaluation. If the dollar falls (or collapses) as Mr. Buffet portends, DE is well placed to both A). Fill world demand from an all of a sudden cheaper production base and B). Participate in the U.S. agriculture boom as our agricultural exports become cheaper (read: more competitive) with other net agricultural exporters. This will support DE's core competency beautifully. Downside to this puppy is very limited.

 
DE
84.76-1.45(-1.68%)Aug 22 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.