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S&P 500: 1,159.90 Change: -0.51%
StockMinion
P&P Score: 2.31 | Points: -101.25 | Accuracy: 28.00 | Average Pick Score: -10.12   Annual Return: N/A  
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BUY: DEERE CO (DE) Rating: 2
Start Price: $70.25
Points: -7.97
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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