Barchart.com's Chart of the Day - Deere & Co - All Time High
Related Stocks
 DE - Deere & Company
SymLastChgPct
DE298.20-6.97-2.28%

The Barchart Chart of the Day belongs to the heavy equipment company Deere & Co (NYSE:DE). I found the stock by using Barchart to sort Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 5/26 the stock gained 48.50%.

Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides various agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; tillage, seeding, and application equipment comprising sprayers, nutrient management, and soil preparation machinery; self-propelled forage harvesters and attachments, balers, and mowers; riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment along with associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. The Construction and Forestry segment offers a range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; milling machines; recyclers; slipform pavers; surface miners; asphalt pavers; compactors; tandem and static rollers; mobile crushers and screens; mobile and stationary asphalt plants; log skidders; feller bunchers; log loaders; log forwarders; and log harvesters and related logging attachments. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.

DE Deere

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 48.04+ Weighted Alpha
  • 33.97% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 13.84% in the last month
  • Relative strength index 71.70%
  • Technical support level at 213.87
  • Recently traded at 220.19 with a 50 day moving average of 191.55

Fundamental factors:

  • Market Cap $67.5 billion
  • P/E 25.53
  • Dividend yield 1.41%
  • Revenue expected to grow 8.00% next year
  • Earnings estimated to increase 37.00% next year and continue to compound at an annual rate of 8.46% for the next 5 years
  • Wall Street analysts issued 7 strong buy, 2 buy, 3 hild and 1 sell recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 2,751 to 149 that the stock will beat the market
  • 70,770 investors are monitoring the stock on Seeking Alpha