Till Your Portfolio with Deere
Deere (DE) got a big thumbs-up from Warren Buffett recently when his Berkshire Hathaway (BRK.A) announced it had initiated a holding in the agricultural-equipment maker. It was a major dollar buy of almost 4 million shares at an average cost of $78.12 apiece.Purchase of Deere (DE) by Berkshire-Hathaway (BRK.A) -– Details Source: GuruFocus.com View Chart » View in New Window »
Berkshire focuses on financially strong companies that are expected to show sustained long-term growth, and Value Line's ratings indicate why Berkshire was interested. In that former category, Deere has garnered the firm's highest rating of A++....323 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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