Published on 30 Apr 2024 on Zacks via Yahoo Finance
Deere & Company (DE) Is a Trending Stock: Facts to Know Before Betting on It
Deere (DE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this agricultural equipment manufacturer have returned -0.8%, compared to the Zacks S&P 500 composite's -2.5% change. During this period, the Zacks Manufacturing - Farm Equipment industry, which Deere falls in, has gained 0.1%. The key question now is: What could be the stock's future direction?