Deere & Company
DE
45 Followers
13 February
Upcoming Earnings
Market Cap.
P/E
DE Fair Price
$950.16
Overvalued by 39.6%
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My Notes
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Deere & Company $DE released its results for the second quarter of fiscal year 2023 yesterday. The results came in well with net income up 36% to $2.9 billion. Earnings per share were $9.65, up from $6.81 for the same period last year. Even so, the company ended the work week in the red. Why?
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The results are great and I have this event on my watchlist and will continue to follow it.
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I would like to include in my portfolio the shares of at least one agricultural company. Recently mentioned here was $DE stock which I quite like. However, I have come across one other company, and that is Archer Daniels Midlan. This American company is involved in the processing of food and agricultural raw materials.
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For me, this is a great company and I like DE and CAT the most from this sector.