2. As of noon trading, Deere ( DE) is up $0.48 (0.6%) to $83.98 on light volume Thus far, 1.0 million shares of Deere exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $83.38-$84.29 after having opened the day at $83.96 as compared to the previous trading day's close of $83.50.

Deere & Company provides products and services primarily for agriculture and forestry worldwide. Deere has a market cap of $32.6 billion and is part of the industrial industry. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are up 8.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Deere a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Deere Ratings Report now.

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