As Deere & Company's fiscal year 2016 has progressed, its management has lowered full-year earnings and cash flow forecasts. Moreover, competitors such as Caterpillar Inc. in construction machinery and AGCO Corporation are both seeing weakening conditions. That said, all of the stocks mentioned are outperforming the S&P 500 on a year-to-date basis as I write.
What's going on with Deere in 2016, and does it's poor relative performance mean it's time to buy the stock?
What's going on with Deere in 2016, and does it's poor relative performance mean it's time to buy the stock?
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