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
81.38+1.40(+1.75%)Jun 28 4:00 PMEDT