Why Deere Stock At $470 Is A Great Buy?
Summary
Here's what may appear confusing at first: Deere stock has increased by 12% year-to-date and 15% over the last year, pre...
Here's what may appear confusing at first: Deere stock has increased by 12% year-to-date and 15% over the last year, presently trading around $470, even though the company's earnings have been rapidly declining. Adjusted earnings fell from $34.63 in 2023 to $25.62 in 2024, and we anticipate them to drop even further to approximately $18.55 this year.