More Record Earnings for Deere & Company (DE)

Bottom Line

With the world’s population growing, food production must inevitably rise as well to keep all those hungry mouths fed. Deere is well positioned to capitalize on this trend, with strong sales driving an impressive rise in income. With eleven consecutive quarters of record results, this doesn’t seem to be slowing down either. While the company is priced a little above the industry average, it is still cheap compared to the broader market.

The article More Record Earnings for Deere originally appeared on Fool.com and is written by Daniel James.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.