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Opinion on  Deere & Company (DE)     Sector: Capital Goods  >  Industry: Constr. & Agric. Machinery
DE Entry

Jul 25, 2008 03:18 PM GMT
Socialpicks
Return Risk
-5.75% LOW
Analyst

New to site but I think anything less than 70 is a very reasonable entry point.  The general AG story isn't going away.  Solid company with good balance sheet off 38% from highs.


DE:  This call was made on 07/25/08 @ $68.22
Rating:   Positive   $68.22 (07/25/08)
Gain/Loss:   -24.00% in 486 days


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demetrious   36%     1 point   commented 467 days ago reply

Earnings Update:

Earnings were a disappointment, but the fundamentals continue to look good in the broader picture. If I wasn't in the stock, I'd wait for an entry, but since I'm in at 68, I'm going to try and sit tight. Hopefully it finds a floor today in the low 60's.


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