Deere & Company (DE) has recently seen significant activity on the
stock market. Financial outfit
Truist Financial has reported a buy rating for the company.
Cathie Wood has bought Deere stock in a post-earnings dip and is building up stakes in Exact Sciences and Robinhood Stocks. However, Deere's stock took a plunge in the market when news of a drop in net income and narrowed guidance hit the market. Despite this, notable investor
Jim Cramer still believes the Deere stock is on a continued run. Deere's Q3 reports were a bit of a mixed bag, with lower earnings and a revision of their 2025 guidance, resulting in a 6% drop in their stock. Interestingly, data from the
Bill & Melinda Gates Foundation Trust suggests that Deere is among the best stocks to buy. On the downside, institutions like the Swiss National Bank and Benjamin Edwards Inc. have sold shares of the company. Still, the stock remains attractive with independent investors and equity firms, increasing their positions in Deere & Company.
Deere Stocks DE News Analytics from Thu, 21 Nov 2024 08:00:00 GMT to Sat, 16 Aug 2025 11:08:00 GMT -
Rating -1
- Innovation 6
- Information 8
- Rumor 3
