Deere & Co (DE): Today's Featured Industrial Laggard

Deere ( DE) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Deere fell $1.70 (-2.0%) to $81.25 on heavy volume. Throughout the day, 5,088,070 shares of Deere exchanged hands as compared to its average daily volume of 3,166,900 shares. The stock ranged in price between $81.24-$83.50 after having opened the day at $82.65 as compared to the previous trading day's close of $82.95. Other companies within the Industrial industry that declined today were: Clean Diesel Technologies ( CDTI), down 35.3%, Intellicheck Mobilisa ( IDN), down 26.8%, China Valves Technology ( CVVT), down 16.7% and AZZ ( AZZ), down 10.5%.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $31.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are down 4.0% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Deere a buy, 2 analysts rate 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, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Compx International ( CIX), up 9.3%, Continental Materials Corporation ( CUO), up 8.2%, Omega Flex ( OFLX), up 7.4% and China Recycling Energy Corporation ( CREG), up 7.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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