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S&P 500: 1,351.68 Change: +0.14%
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P&P Score: 40.97 | Points: 0.00 | Accuracy: 33.33 | Average Pick Score: -22.95   Annual Return: N/A  
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BUY: DEERE CO (DE) Rating: 3
Start Price: $70.25
Points: +18.12
Created: 07/02/2008
Yes, they missed earnings....by a penny! And the stock dropped like a rocket and has traded sideways ever since. This can't continue due to one fundamental reason: the agriculture play is still alive and thriving. It takes equipment from Deere to turn the crops into the commodities used. The only possible downside I see is that if the economy keeps going down hill, farmers will hold on to their trackers for a longer period of time therefore slowing growth and earnings potential.

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