Deere & Co. (NYSE: DE) stock had a strong week, hitting a record high above $700 per share. Shares have jumped 10% since last Friday's close, according to data provided by S&P Global Market Intelligence.
After a strong fiscal third-quarter report on Aug. 20, Deere boosted the low end of its full-year net income guidance by $250 million. One ******* yst thinks that signals the start of a recovery cycle in agricultural equipment sales, and thinks Deere stock is still a buy near its record high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors noticed when Deere CEO John May helped make the case for agriculture and construction stocks, stating, "As we look ahead, we continue to believe 2026 will mark the bottom of the current ag equipment cycle."
That would be welcome as companies like Deere & Co. navigate a dynamic tariff and tariff refund environment. Tariff rates have changed, and refunds have been distributed in some cases, making it difficult to set pricing and plan capital spending. But Deere is confident, citing its diversified product groups, advanced technology offerings, and what May called "stable U.S. market conditions."
#signal #market #flashing
After a strong fiscal third-quarter report on Aug. 20, Deere boosted the low end of its full-year net income guidance by $250 million. One ******* yst thinks that signals the start of a recovery cycle in agricultural equipment sales, and thinks Deere stock is still a buy near its record high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors noticed when Deere CEO John May helped make the case for agriculture and construction stocks, stating, "As we look ahead, we continue to believe 2026 will mark the bottom of the current ag equipment cycle."
That would be welcome as companies like Deere & Co. navigate a dynamic tariff and tariff refund environment. Tariff rates have changed, and refunds have been distributed in some cases, making it difficult to set pricing and plan capital spending. But Deere is confident, citing its diversified product groups, advanced technology offerings, and what May called "stable U.S. market conditions."
#signal #market #flashing
2 months ago
