Stockchase Opinions

Gordon Reid Deere & Co. DE-N DON'T BUY Jun 17, 2025

Is a heavy cyclical, depending on farm incomes and commodity prices, which you can't predict. DE equipment isn't cheap, so farmers must be confident enough to buy it. It's been difficult to predict. He's done okay with it before, but other sectors are more predictable.

$522.160

Stock price when the opinion was issued

machinery
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 04/24, Up 11.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with DE is progressing well.  To remain disciplined, we recommend trailing up the stop (from $357) to $380 at this time.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 04/24, Up 15.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with DE has achieved its target at $425.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $49..

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 04/24, Up 15.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with DE is progressing well.  To remain disciplined, we recommend trailing up the stop (from $380) to $401 at this time.  

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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 04/24, Up 28.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with DE is progressing well.  To remain disciplined, we recommend trailing up the stop (from $401) to $441 at this time.

COMMENT

He expects a weak quarter on Thursday. Share prices are falling due to farmer incomes, which should turn around. Price crops should increase. Deere has controlled inventory.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 04/24, Up 20%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with DE has triggered its stop at $441.  To remain disciplined, we recommend covering the position at this time.

BUY

We need better ag machines to feed the world, ever-demanding more food, and Deere is front and center of that. They use big data to reduce crop nutrients, so they are on the leading edge of farming. Is a little concerned about their financing. But this is good the next 5-10 years.

DON'T BUY

Long-term chart demonstrates the excellent business and operations. We all need to eat. Focus going forward will be autonomous farming vehicles -- it will sell software to farmers as well as equipment. Valuation will ebb and flow with food and commodity prices, as well as the economy. He stays away from commodity-type businesses.

BUY

They host an analyst meeting Tuesday and he expect them to tell a great story about farmer orders. It can go higher.