JOHN DEERE, EARNINGS.. WHERE SHOULD I BUY?

18 thg 2, 2022

DE posted better than expected earnings. Industrial sector has been strong is recent weeks. CAT and DE both are utilizing renewable energy and developing more technologically advanced machinery at a faster pace than previous years. High tech construction and agriculture machinery will eventually become remote-operated and burn less carboniferous fuel combinations.

The benefit of this compared to a newer company is that DE has proven manufacturing capabilities and their management appears to be proactive and shareholder-friendly. ESG is a critical component when considering investing into a company, especially in today's day and age.

***90% of new products will emit less Co2e than previous products.

DE plans to reduce greenhouse gas emissions by 15% via 50% renewable electricity supply and excellence in energy efficiency.

Watch for moving average divergence. I would like to see a new ATH, and previous highs serving as forward support.




PT is ~$420.00