Jim Cramer on Deere & Company: “The Stock Is Incredible, and It’s Not Done Going Higher”

Deere & Company (NYSE:DE) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. When a caller inquired about the stock during the episode, Cramer commented:

Oh my god, alright, so I was talking to someone this weekend, and the guy said, “What do you like?” I said, “Deere.” He said, “Why?”… You know, Deere is just on fire. The stock is incredible, and it’s not done going higher. All they have to do is talk on their conference call, and they’ll knock it down, though. They have an incredible history of being way too conservative. I’m a champion even more than they are. Deere’s a good stock.

Deere & Company (NYSE:DE) manufactures farming, turf, construction, and forestry equipment, along with the parts and tools that support those machines. Madison Investments stated the following regarding Deere & Company (NYSE:DE) in its Q1 2026 investor letter:

The top five contributors for the quarter were Keysight Technologies, Analog Devices, Texas Instruments, Deere & Company (NYSE:DE), and PACCAR. Deere and PACCAR were also strong contributors in the quarter. While end market conditions remain subdued in agriculture equipment and commercial trucking, it appears that the worst of the recent downcycle is likely behind us. Furthermore, Deere and PACCAR stocks also benefited from investors favoring the “HALO trade” during the quarter. As a result, we modestly trimmed our holdings in both companies when valuations, in our view, began to incorporate a recovery in profits.

While we acknowledge the risk and potential of DE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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