This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top Takes: DE, CVS, WFMI

The RealMoney contributors are in the business of trading and investing all day on the basis of ongoing news flow. Below, we offer the top five ideas that RealMoney contributors posted today and how they played those ideas. brings you the news all day, and with RealMoney's "Columnist Conversation," you can see how the pros are playing it on a real-time basis. Here are the top five ideas played today. To see all that RealMoney offers, click here for a free trial.

1. Deere Continues to Defy
By Sham Gad
8:18 a.m. EST

Deere's (DE - Get Report) earnings today reaffirm my views of the multiyear growth cycle in ag/farming that we are starting to see. Earnings blew past all estimates on top of a healthy top-line growth number.

I heard an interesting tidbit this morning on CNBC that the ag space continues to run at 100% capacity -- the only industry doing so in these economic conditions. Indeed Deere is a very uniquely positioned business with a first-rate franchise.

My favorite subsector of the ag business, fertilizer, is running at anything but full capacity. But I believe that over the next three years, this sector will vastly outperform the overall market. And for the momentum players out there, yes, I believe Deere's numbers could single-handedly push the markets higher today -- but please don't bet the farm :).

No positions.

2. Housing Starts
By Tim Melvin
10:03 a.m. EST

From a long-term perspective, the rise in housing starts is horrible news. We have enough inventories. The fact that more is being created was pretty obvious from the delinquencies report yesterday. We do not need a bunch of new houses going up. An annual pace of 591,000 homes, in addition to existing inventory and the potential foreclosures ahead, is going to make it tough for prices to stabilize, in my opinion. Even with rates at historically low levels, mortgage applications fell last week.

In the short term, the housing starts number is being cheered as a sign of new demand. In the long view, I would love to see building just stop and let the market catch up.

No positions.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DE $77.07 -1.72%
CVS $89.65 -3.71%
HNP $30.41 -3.77%
MDT $72.63 -2.46%
AAPL $95.01 1.05%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs