Deere & Company (DE) has had a tumultuous run over a recent span. The company's stocks had some steady dips due to various factors like the Trump tariff threat and the $9.93M bribery settlement. However, with earnings sweeping past lowered estimates, the stock has demonstrated resilience and potential for future growth. Despite the underperformance compared to Nasdaq and a downbeat outlook leading to a 6% decrease, the stock shows some strength, as evidenced by a spike in investors' interest. As a dividend stock, Deere & Company's stock appears undervalued following some setbacks but holds potential for high returns over the next five years. The company's third-quarter results of 2024 outperformed expectations, causing a slight surge, even as the company announced activity involving a quarterly dividend. However, despite executive Cory Reed selling shares worth over $5 million, experts continue to advise holding the stock. There's plenty riding on DE's eventual recovery, with predictions of the stock slowly moving into buy territory. Lastly, proposals for diversity cuts in response to social media backlash further put the stock under scrutiny.
Deere Stocks DE News Analytics from Wed, 22 Nov 2023 08:00:00 GMT to Tue, 01 Oct 2024 13:08:32 GMT -
Rating 1
- Innovation 0
- Information 8
- Rumor -5
