Is Deere’s Stock Price Attractive After Antitrust Inquiry Into Crop Suppliers?
Thinking about what to do with Deere stock? You are not alone. Whether you are watching from the sidelines or already in for the long haul, it is easy to see why Deere captures so much interest. In the past year alone, shares have climbed 13.8%, with a steady 9.6% gain year to date. That is impressive, but if you zoom out even further, the stock is up a massive 104.2% over five years. Yet, the ride has not always been smooth. Over the last month, shares have eased back 2.3%, even as they rose 2.7% in just the past week, reflecting how quickly Wall Street’s mood can shift around this industrial heavyweight.
Several recent headlines have played into these shifts. News of antitrust investigations into crop suppliers may shape the field…
