NYSE:DE
Deere & Co. (DE)
683.99
-1.64 (0.24%)
as of Sep 18, 2026, 8:00:00 pm Market Open.
54 watching
Financials 
Technical Analysis 0
TOP PICK
US and Brazilian farmers have had bang-up years in terms of income so will be looking at new equipment. In Brazil, they are accelerating the growth of sugar cane harvesting for production of ethanol.
Peter BriegerOwned
machinery
PAST TOP PICK
(A Top Pick May 16/07. Up 42%.) The more farmers grow and the higher the price for the commodities, they will continue to buy new equipment. Metrics a year ago indicated that 90% of US farmers’ equipment was more than 5 years old. Very cheap. Still a Buy.
Peter BriegerOwned
machinery
TOP PICK
Cautious on the market so his 3 top picks are deep value. This is a component of the agricultural industry. An enormous number of US farmers have equipment that is more than 5 years old. They now have money in their pocket and prospects for farm income is pretty good.
Peter BriegerOwned
machinery
PAST TOP PICK
(A Top Pick Mar 2/07. Up 64%.) More than 25% of their business is outside of the US. Well positioned to take advantage of the ethanol and wheat positions. Also into forestry, mining and recreation.
Peter BriegerOwned
machinery
TOP PICK
Very cheap. Farmers love to spend money on new equipment and with the projected increase in the farm income next year this should do well. Deere’s earnings have been very understated and it is early in the cycle.
Peter BriegerOwned
machinery
PAST TOP PICK
(A Top Pick Mar 21/07. Up 62.5%.) Still buying for new accounts. Starting to look fully priced, but there would still be a 5% to 10% upside in the next 12 months.
Peter BriegerOwned
machinery
COMMENT
TOP PICK
Fits in with his macro view of the long-term agricultural cycle. Extraordinarily cheap relative to its long-term potential. Short of a cataclysmic change in the weather, there’s going to be a continuing growth in farmers’ income and they love to spend money when they have it. 25% of its business is export sales and 45% is products produced in other countries.
Peter BriegerOwned
machinery
TOP PICK
This is related to the growth of farmers’ incomes, who tend to go out and spend money on new equipment. With the growth of their income this year, 08 and possibly into 09, he can see as much as $190 in the stock.
Peter BriegerOwned
machinery
TOP PICK
Likes agricultural cycle going forward and we are currently in the 2nd or 3rd inning. Outlook for this relates to farmers income globally. Emerging markets are moving from rice-based diets to protein, which will increase demand globally. Will result in h
Peter BriegerOwned
machinery
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