Deere & Company (DE) designs, manufactures, and distributes agricultural and construction equipment worldwide. I am bullish on the stock. (See Insiders’ Hot Stocks on TipRanks) Recent Developments Deere is in a re-growth period due to the emergence of artificial intelligence, and precision farming. The firm's placing emphasis on facilitating the needs for automated farming and construction. The company holds a significant cash position that could support the necessary research and development, as well as advertising, to ensure it leads the market. Furthermore, Deere's set to take advantage of the equipment upgrade cycle.
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Deere (NYSE:DE)
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Deere (NYSE:DE)
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From Jan 2021 to Jan 2022 Click Here for more Deere Charts.