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Deere & Company (DE): A Bull Case Theory

We came across a bullish thesis on Deere & Company (DE) on Best Anchor Stocks’ Substack. In this article, we will summarize the bulls’ thesis on DE. Deere & Company (DE)'s share was trading at $507.99 as of 28th May. DE’s trailing and forward P/E were 24.54 and 27.62 respectively according to Yahoo Finance.

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Deere & Company recently posted impressive quarterly results, beating both revenue and EPS expectations by double digits, with EPS surprises averaging 16% across nine of the...