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Deere & Co

DE: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$326.00JlkDzrdnpsgz

Deere: We Expect Near-Term Demand To Be Challenged, but We Remain Positive on Long-Term Demand

Business Strategy and Outlook

Deere offers customers an extensive portfolio of agriculture and construction products. We think it will continue to be the leader in the agriculture industry and one of the top players in construction. For over a century, the company has been the pre-eminent manufacturer of mission-critical agricultural equipment, which has led to its place as one of the world’s most valuable brands. Deere’s strong brand is underpinned by its high-quality, extremely durable, and efficient products. Customers in developed markets also value Deere’s ability to reduce the total cost of ownership.

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