Today, Christine Poole and Stephen Weiss, Founder, Short Hills Capital Partners commented about whether DE-N, PANW-N, CHRW-Q, ENB-T, NTR-T, NPI-T, BAM-N, IFC-T, ATZ-T, WFC-N, TRP-T, CTC-T, CSH.UN-T, JNJ-N, TMO-N, AQN-T, IAG-T, NFI-T, UN-N, TEL-Q, SPGI-N, GOOG-Q, DIS-N, MDLZ-Q, LIN-N are stocks to buy or sell.
He took some profits today after buying it over $400. They execute better than CAT. Deere just reported a great, but imperfect quarter. Inventories were higher. Not expensive. 15x PE is good and likes their AI applications, but farmers will need to afford that. It's not the right stock in the economy moving forward.
Does not own shares in company.
Recent cost overruns with Coastal Gas Link program an issue.
Long term is a good investment, but short term will be volatile.
Current valuation is an attractive based on stock price.
~6% yield is solid and attractive.