The industrial goods sector closed the day up 2.2%. Pure Cycle Corporation ( PCYO), Clean Diesel Technologies Inc ( CDTI), Dixie Group Inc ( DXYN), and Broadwind Energy Inc ( BWEN) were all winners today within the industrial goods sector with Deere ( DE) being today's featured industrial goods winner. Deere rose $2.98 (4.3%) to $72.23 on average volume. Throughout the day, 5.7 million shares of Deere exchanged hands as compared to its average daily volume of six million shares. Deere & Company provides products and services primarily for agriculture and forestry worldwide. The company operates in three segments: Agriculture and Turf, Construction and Forestry, and Credit. Deere has a market cap of $28.6 billion and is part of the industrial industry. The company has a P/E ratio of 11.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 16.8% year to date as of the close of trading on Thursday. TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Deere Ratings Report.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.