Here???s Why You Should Add Deere (DE) To Your Portfolio Now
Zacks Investment Research | Dec 17, 2017 09:50PM ET
Shares of Deere & Company (NYSE:DE) have rallied around 46.4% year to date. We believe this is the right time to add the stock as the company has solid prospects and is poised to maintain its bullish momentum.
Let’s delve deeper into the factors that make this agricultural equipment maker an attractive investment option.
What Makes Deere an Attractive Pick?
Solid Rank & VGM Score: Deere currently sports a Zacks Rank #1 (Strong Buy) and a industry it belongs to over the past year. The company’s shares have jumped 47.6% compared with roughly 42.5% growth recorded by the industry during the same time frame.
Positive Earnings Surprise History: Deere has an impressive earnings surprise history. It outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive earnings surprise of 19.52%.
Deere & Company Price and Consensus
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