Deere & Co.

DE-N

NYSE:DE

253.39
0.71 (0.28%)
John Deere is the brand name of Deere & Company, an American corporation that manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains used in heavy equipment, and lawn care equipment.
More at Wikipedia

Analysis and Opinions about DE-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 27, 2014

10 times earnings. Historically 13 times. There is a good opportunity as the world grows to see the Ag business do well.

Show full opinionHide full opinion
Deere & Co. (DE-N)
February 27, 2014

10 times earnings. Historically 13 times. There is a good opportunity as the world grows to see the Ag business do well.

WAIT
WAIT
February 24, 2014

3 to 7 years out. He is positive but not so positive in the shorter term. USDA predicts 20-25% decline in cash receipts to farmers. Deer has already pulled back on sales to farmers. It is pretty beat up at this point. Look for an entry point at $81 and hope you get it at some point. Food product requirements in emerging markets will have to happen and that will lift Deere.

Show full opinionHide full opinion
Deere & Co. (DE-N)
February 24, 2014

3 to 7 years out. He is positive but not so positive in the shorter term. USDA predicts 20-25% decline in cash receipts to farmers. Deer has already pulled back on sales to farmers. It is pretty beat up at this point. Look for an entry point at $81 and hope you get it at some point. Food product requirements in emerging markets will have to happen and that will lift Deere.

DON'T BUY
DON'T BUY
January 27, 2014

Wouldn’t own at this point. Until the end of 2013, there were huge tax advantages to the US farmers to buy new equipment. Those tax advantages are now gone. The company has also said that they think they are in for a couple of tough years of combine and tractor sales. It also looks like farmers income will be going down.

Show full opinionHide full opinion
Deere & Co. (DE-N)
January 27, 2014

Wouldn’t own at this point. Until the end of 2013, there were huge tax advantages to the US farmers to buy new equipment. Those tax advantages are now gone. The company has also said that they think they are in for a couple of tough years of combine and tractor sales. It also looks like farmers income will be going down.

BUY
BUY
January 20, 2014

Has been looking at this and doing some work on it because it is not expensive. Trading at about 10X earnings. Good industrial that should do well where he can see reasonable growth in the US. He is looking for really good growth globally, which should help this company.

Show full opinionHide full opinion
Deere & Co. (DE-N)
January 20, 2014

Has been looking at this and doing some work on it because it is not expensive. Trading at about 10X earnings. Good industrial that should do well where he can see reasonable growth in the US. He is looking for really good growth globally, which should help this company.

PAST TOP PICK
PAST TOP PICK
January 2, 2014

(A Top Pick March 13/13.) Sold his holdings on Aug 13/13 at $84.25. Replacement cycle seems to be topping and it could be choppy.

Show full opinionHide full opinion
Deere & Co. (DE-N)
January 2, 2014

(A Top Pick March 13/13.) Sold his holdings on Aug 13/13 at $84.25. Replacement cycle seems to be topping and it could be choppy.

BUY WEAKNESS
BUY WEAKNESS
December 3, 2013

A Top Pick on May 8/13. He started to see a bit of a change. The replacement cycle started to look a little toppy. There have been a couple of very odd planting seasons. A super amount of moisture and then no moisture with drought conditions. That affected the habits of farmers, so he sold his holdings. Still a good long-term story, but there will be a much better entry point later.

Show full opinionHide full opinion
Deere & Co. (DE-N)
December 3, 2013

A Top Pick on May 8/13. He started to see a bit of a change. The replacement cycle started to look a little toppy. There have been a couple of very odd planting seasons. A super amount of moisture and then no moisture with drought conditions. That affected the habits of farmers, so he sold his holdings. Still a good long-term story, but there will be a much better entry point later.

BUY WEAKNESS
BUY WEAKNESS
October 21, 2013

One of his favorites. Would not buy here. He would buy it on further weakness. There is a long term need to feed the world. A leader in farm equipment. You could buy it if you are comfortable with it. Tax incentives to buy end in December. Farmers' income is done from last year.

Show full opinionHide full opinion
Deere & Co. (DE-N)
October 21, 2013

One of his favorites. Would not buy here. He would buy it on further weakness. There is a long term need to feed the world. A leader in farm equipment. You could buy it if you are comfortable with it. Tax incentives to buy end in December. Farmers' income is done from last year.

DON'T BUY
DON'T BUY
September 20, 2013

Valuation is still compelling. Looks like we will have a really good crop year. Everyone is wondering when the party is going to end. Before the increase in corn prices they weren’t the best company in allocating their capital.

Show full opinionHide full opinion
Deere & Co. (DE-N)
September 20, 2013

Valuation is still compelling. Looks like we will have a really good crop year. Everyone is wondering when the party is going to end. Before the increase in corn prices they weren’t the best company in allocating their capital.

DON'T BUY
DON'T BUY
July 22, 2013

Share price and dividend on a 3-7 year time frame? If you are looking out 7 years, hopefully it is going to be higher. In the short term, we have had some great disappointments in 1) likely farmers’ income and 2) at the end of this year, a tax incentive that was supposed to come through last year but didn’t but was continued to this year. Once the tax incentive is removed, that is going to hurt new farm equipment sales. Also, the cost of renting the land and other input costs are going up. $88 would not be a bad entry point.

Show full opinionHide full opinion
Deere & Co. (DE-N)
July 22, 2013

Share price and dividend on a 3-7 year time frame? If you are looking out 7 years, hopefully it is going to be higher. In the short term, we have had some great disappointments in 1) likely farmers’ income and 2) at the end of this year, a tax incentive that was supposed to come through last year but didn’t but was continued to this year. Once the tax incentive is removed, that is going to hurt new farm equipment sales. Also, the cost of renting the land and other input costs are going up. $88 would not be a bad entry point.

PAST TOP PICK
PAST TOP PICK
July 17, 2013

(BNN got their Past Top Pick dates wrong on today’s shows. I show the 3 Top Picks as being on July 25/12, not June 25/12. – Bill)

(Top Pick July 25/12. Up 15.5%.) There is a lot of misinformation. People think that when there is a drought that it is bad for the farmer. In fact when crop yields are down, crop prices are up. Also, farm insurance covers a lot of the losses. At 10X earnings it is good value.

Show full opinionHide full opinion
Deere & Co. (DE-N)
July 17, 2013

(BNN got their Past Top Pick dates wrong on today’s shows. I show the 3 Top Picks as being on July 25/12, not June 25/12. – Bill)

(Top Pick July 25/12. Up 15.5%.) There is a lot of misinformation. People think that when there is a drought that it is bad for the farmer. In fact when crop yields are down, crop prices are up. Also, farm insurance covers a lot of the losses. At 10X earnings it is good value.

DON'T BUY
DON'T BUY
July 15, 2013

Expensive to him, model $79.57, -5% differential. At a price where everything is price in. If it got down to $55.80 it would be a buy.

Show full opinionHide full opinion
Deere & Co. (DE-N)
July 15, 2013

Expensive to him, model $79.57, -5% differential. At a price where everything is price in. If it got down to $55.80 it would be a buy.

DON'T BUY
DON'T BUY
June 24, 2013

You might want to sell it. 1. You had the huge growth in farm receipts, originally forecast to be down 13% this year. 2. Incentives to buy farm equipment expired end of last year but were extended throughthis year. It will be a slow 2014 and there is angst to wet weather out west. Only half of crop has been planted. It is a great company with a great track record. They don’t have any visability beyond the second quarter so how can he.

Show full opinionHide full opinion
Deere & Co. (DE-N)
June 24, 2013

You might want to sell it. 1. You had the huge growth in farm receipts, originally forecast to be down 13% this year. 2. Incentives to buy farm equipment expired end of last year but were extended throughthis year. It will be a slow 2014 and there is angst to wet weather out west. Only half of crop has been planted. It is a great company with a great track record. They don’t have any visability beyond the second quarter so how can he.

PAST TOP PICK
PAST TOP PICK
June 19, 2013

(Top Pick April 12/12. Up 10.52%.)

Show full opinionHide full opinion
Deere & Co. (DE-N)
June 19, 2013

(Top Pick April 12/12. Up 10.52%.)

PAST TOP PICK
PAST TOP PICK
June 19, 2013

(A Top Pick July 25/12. Up 17.70%.) Crop yields look like they are going to be lower which means crop prices are going to be higher. Crop insurance covers off the farmer. Also, international markets are very strong for this company.

Show full opinionHide full opinion
Deere & Co. (DE-N)
June 19, 2013

(A Top Pick July 25/12. Up 17.70%.) Crop yields look like they are going to be lower which means crop prices are going to be higher. Crop insurance covers off the farmer. Also, international markets are very strong for this company.

BUY
BUY
June 17, 2013

Large and successful company selling into agriculture area. Benefited in the last years from resurgence in agriculture. Were hurt by weak corn prices but generally as a long term hold, this is one of the better way to play this trend. This trend is one he believes in. They have exposure in South America. The improving US economy will benefit them.

Show full opinionHide full opinion
Deere & Co. (DE-N)
June 17, 2013

Large and successful company selling into agriculture area. Benefited in the last years from resurgence in agriculture. Were hurt by weak corn prices but generally as a long term hold, this is one of the better way to play this trend. This trend is one he believes in. They have exposure in South America. The improving US economy will benefit them.

Showing 31 to 45 of 129 entries