Deere & Company's end markets (agricultural and construction machinery) haven't improved in 2016, and its EPS is down 16% in the first nine months of its fiscal 2016. However, the stock is up 13% year to date, having outperformed the S&P 500 and peers like AGCO Corporation and CNH Industrial N.V. Most of the move took place immediately after the company trumped estimates with its third-quarter results.
So, does this mean the company is now through the worst, and the stock can take off from here?
So, does this mean the company is now through the worst, and the stock can take off from here?
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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