10 Best Agriculture Stocks to Buy According to Hedge Funds

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1. Deere & Company (NYSE:DE)

Number of Hedge Fund Holders: 57

Deere & Company (NYSE:DE) manufactures and distributes equipment used in agriculture, forestry, turf care, and construction. Its operations are divided into Agriculture and Turf, Construction and Forestry, and Financial Services.

In a report released on April 16, Morgan Stanley analyst Angel Castillo maintained a Buy rating on Deere & Company (NYSE:DE). The firm raised its price target on the stock to $500 from $450, keeping an Overweight rating on the shares. Morgan Stanley told investors in a research note that the rating changes reflect the “dynamic macro backdrop,” based on an updated risk/reward analysis, demand conditions, and tariff risks.

In another report released on April 14, Adam Seiden from Barclays maintained a Buy rating on Deere & Company (NYSE:DE) and set a price target of $475.00.

Argus also expressed positive sentiments for the company, raising the firm’s price target on the stock to $510 from $440 with a Buy rating. The analyst expects solid earnings power for Deere & Company (NYSE:DE) later in 2025, supported by events such as resuming shipments to distributors, restarting rate cuts by the Fed, and increasing profitability for farmers.

Overall, DE ranks first among the best agriculture stocks to buy according to hedge funds. While we acknowledge the potential of agriculture stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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