Earnings exploded 168.8% at Deere & Co.

Earnings exploded 168.8% at Deere & Co.

Improved equipment sales led to a 30.3% jump in revenue for this company, while a recent “Smart Farming” acquisition should open new markets for the long term even though short-term opportunities are limited.

The stock trades at 15.0 times the company’s 2021 earnings forecast.

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