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.
Farmers are the one consumer I feel confident that I know how they spend their money. With grain prices steadily rising higher and higher, farmers are making a lot of money right now. Farmer's always seem to buy a new truck and new tractor or 2 when things are good, and I expect this to contribute to a strong year for DE. Add to this intl' exposure, which allows Deere to benefit from stronger foreign economies as well as profit from currency exchange. I'd wait and buy at around $84.40, anything below that I would consider short selling. Those of you holding this stock consider selling/short...
Confidence Everywhere
- CONFIDENCE EVERYWHERE
You can't turn on the television without seeing some talking head so happy about the confidence returning. They are saying that ...
DE may take a shot at $80s short term
- DE looks to me like its basing and may take a shot at $80s short term. MON will dictate part of that, so keep an eye on it, but if the AGs continue hig...
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