Wednesday, January 3, 2018

Why Deere Stock Soared Lately

Agricultural equipment manufacturer Deere & Company (NYSE:DE)soared 12.8% in November on the back of a strong set of fourth-quarter earnings and a positive outlook for 2018. It's been a difficult few years for the company but 2017 marked the passing of a trough in revenue and earnings and Deere looks set for an upswing in the agricultural machinery cycle.

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