Investors are looking for businesses that can sustain earnings through economic contractions.
Deere's (DE 0.14%) business is resilient through economic cycles. That could make it an ideal stock to buy if the U.S. is heading into a recession. In this video, I will talk about whether Deere is an excellent defensive stock to buy now.
*Stock prices used were the afternoon prices of Dec. 13, 2022. The video was published on Dec. 19, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Deere. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
