2. As of noon trading, Deere ( DE) is up $1.44 (1.69) to $86.56 on light volume Thus far, 983,314 shares of Deere exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $85.47-$86.83 after having opened the day at $85.65 as compared to the previous trading day's close of $85.12.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $33.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Deere Ratings Report now.

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