Saturday, October 17, 2015

Can Deere & Company Stock Bounce Back?

Now that the dust has settled on Deere & Company's (NYSE:DE) earnings, it's time to take a closer look at the ongoing trends in its business. The stock has, superficially at least, some very attractive qualities.

The food industry is relatively noncyclically aligned and offers investors the potential to generate positive returns irrespective of where the economy is headed. Meanwhile, Deere investors will be hoping that 2015 sees a trough in its earnings. With that said, the company's third-quarter earnings and guidance were disappointing, and there is no sign that Deere's difficult end markets are picking up just yet.

So where does this leave the case for buying stock in Deere?


READ THE FULL EQUITY RESEARCH ARTICLE LINKED