Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, farm equipment maker Deere
With that in mind, let's take a closer look at Deere's business and see what CAPS investors are saying about the stock right now.
|Headquarters (Founded)||Moline, Ill. (1837)|
|Market Cap||$27.55 billion|
|Industry||Farm and construction machinery|
|Trailing-12-Month Revenue||$30.6 billion|
Chairman/CEO Samuel Allen
CFO James Field
|Return on Equity (Average, Past 3 Years)||25%|
|Cash/Debt||$3.4 billion / $26.2 billion|
Sources: S&P Capital IQ, and Motley Fool CAPS.
On CAPS, 96% of the 2,770 members who have rated Deere believe the stock will outperform the S&P 500 going forward. These bulls include Silvermarmot and All-Star huddaman, who is ranked in the top 15% of our community.
This past summer, Silvermarmot tapped Deere as a clear bargain opportunity:
Value pick; low p/e and pays a dividend. Predict it will do well as long as agriculture prices continue to rise. [M]ajority of revenues still come from North America so there is plenty of room for expanding into new markets.
In fact, Deere currently sports a cheapish P/E of 11. That represents a discount to industry peers like Caterpillar (12.8), Joy Global
CAPS All-Star huddaman points to Deere's past decade as an indicator of good things to come:
In spite of a lower growth rate in population and disastrous stock market and economy, [Deere] grew its sales from 11 to 26B.
I believe in reversion to the mean. US population growth is not going to slowdown.
There are three main reasons I like it.
a-looks very profitable.
b-good international exposure
c-I am bullish on the US economy over next 10 years in spite of all problems which I believe; will get resolved.
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