NYSE:DEMachinery
Is Deere (DE) Still Attractive After A 79.9% Five Year Share Price Gain?
If you are wondering whether Deere's current share price gives you a fair entry point or not, it helps to step back and look at what the valuation numbers are really saying.
The stock last closed at US$514.40, with returns of 5.4% over 7 days, 6.9% over 30 days, 10.2% year to date, 14.5% over 1 year, 30.6% over 3 years and 79.9% over 5 years. This naturally raises questions about what is already reflected in the price.
Recent attention on Deere has focused on its position in capital goods...