Tag: Rally

Time To Sell Deere Stock After 2x Rally?

By iwano@_84

After a 2x rise since the March 23 lows of this year, at the current price of around $235 per share we believe Deere & Company’s stock (NYSE: DE) has reached its near-term potential. Deere’s stock has rallied from $111 to $235 off the recent bottom compared to the S&P which moved 55%, with the resumption of economic activities as lockdowns are gradually lifted. DE stock is also up 58% from levels seen in early 2018, two years ago.

DE stock is now up

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