The Green Giant Strikes Back! Deere Soars with a 12% Jump After Panic!
Reading Time: 3 minutes
For a long time, agricultural machinery stocks were considered untouchable on the trading floor, but in a negative sense. However, Deere & Company (DE) has impressively turned the tables. Instead of the feared crisis, the company is delivering numbers that astonish analysts, thanks to a cleverly diversified business model. With booming sales in construction equipment, multimillion-dollar stock buybacks, and a clear focus on automation, the company has sent the bears on Wall Street fleeing and is gearing up for a comeback. From Flower to Stock...
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