Published on 29 May 2024 on Zacks via Yahoo Finance
Deere (DE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this agricultural equipment manufacturer have returned -5.7% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Manufacturing - Farm Equipment industry, to which Deere belongs, has lost 6.4% over this period. Now the key question is: Where could the stock be headed in the near term?