The company faces near-term risk from trade dispute-related issues, but should that deter long-term investors? Here's the lowdown.
News & Analysis: Deere & Company
DE earnings call for the period ending January 27, 2019.
The specialty retailer is being sold off on fears rather than anything it's actually reported yet.
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After important updates in November, this is what Deere stock needs to head higher.
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On a recent earnings call, executives homed in on agricultural equipment demand, a benign outlook for the company's construction and forestry segment, and a new long-term operating margin target.
Deere's stock has been unfairly punished because of fears over the impact of tariff actions, and there's reason for investors to be positive on its prospects going forward.
Energy and technology stocks rebounded ahead of the holiday. Foot Locker and Deere rose after reporting earnings.