We came across a bullish thesis on Deere & Company on ShowMeTheValue’s Substack. In this article, we will summarize the bulls’ thesis on DE. Deere & Company's share was trading at $644.54 as of February 24th. DE’s trailing and forward P/E were 24.12 and 22.57 respectively according to Yahoo Finance.
[caption id="attachment_940898" align="aligncenter" width="750"]Deere & Company engages in the manufacture and distribution of various equipment worldwide. DE enters FY2025 at what appears to be a cyclical trough, positioning the...
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