Warren Buffett's Berkshire Hathaway Inc. increased its stake in Deere & Company (NYSE:DE)in
the fourth-quarter of 2014, and he subsequently affirmed that he, and
another manager, had been buying the stock for the investment firm. The
buying has all the hallmarks of the kind of move on which he has built
his career. The maker of tractors and other machines is an American
icon, operating with a strong competitive moat, in a industry that -- as
long as Homo sapiens require food -- isn't going to disappear. Case
closed? Should you just follow the sage of Omaha into the stock and reap
the benefits for years to come?
Before you rush in, let's look at why Buffett might have bought the stock, and what will move shares going forward.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Before you rush in, let's look at why Buffett might have bought the stock, and what will move shares going forward.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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