Deere Stock (NYSE: DE): Recent Rally Might be Just the Start
November 28 2022 - 10:41AM
TipRanks
Deere (NYSE: DE) has seen its stock price surge following the
release of some applaud-worthy fourth-quarter results. Profits and
sales surged sharply as the company began to feel the perfect
combination of strong demand and relief from supply chain woes. As
the agricultural machinery maker makes a run for new all-time
highs, I still view the name as one of the worthier industrial
stocks heading into a recession year. The stock's still cheap, and
the post-quarter jump may very well be the start of a sustained
move higher. I am bullish on Deere stock.
https://www.tipranks.com/news/article/deere-stock-nyse-de-post-earnings-bounce-might-be-just-the-start?utm_source=advfn.com&utm_medium=referral
Deere (NYSE:DE)
Historical Stock Chart
From Nov 2023 to Dec 2023
Deere (NYSE:DE)
Historical Stock Chart
From Dec 2022 to Dec 2023