|Last Update: 05/20/13 - 4:00 PM EDT|
|YTD Performance: 0.64%|
|Previous Close: $86.97|
|52 Week Range: $69.51 - $95.60|
|Oustanding Shares: 389,556,186|
|Market Cap: 34,822,427,467|
|Qtr (07/13)||Qtr (10/13)||FY (10/13)||FY (10/14)|
|Number of Analysts||10||10||16||15|
|Growth Rate (Year over Year)||8.74%||11.43%||11.71%||2.38%|
At these levels, the tough-as-nails Deere looks like a good bet.
Stocks that defy correction and those ripe for correction.
The iconic farm-equipment maker should reap the benefits of a surge in farming income.
Shares of DE now seen reaching $90, Jefferies said. Estimates also raised on strong first quarter. Hold rating.
Shares of DE now seen reaching $104, according to Credit Suisse. Estimates also increased, given better Farm growth. Outperform rating.
It's another quiet day in the market, and compelling set-ups are becoming more scarce.
From a technical standpoint, I am concerned about Deere and Rackspace.
Contributor Ken Shreve takes a look at upcoming economic data and some high-profile earnings reports.
DE was upgraded from Underweight to Neutral, JP Morgan said. $90 price target. Global fundamentals appear balanced.
Selling covered calls can provide a some income if prices decided to go on a temporary decline.