Growth & Income Stock: Deere & Company
Deere & Company (NYSE:DE) recently delivered record results for the first quarter of its fiscal 2012. This prompted analysts to revise their estimates significantly higher for both 2012 and 2013, sending the stock to a Zacks #2 Rank (Buy). The company also recently announced a 12% increase in its quarterly dividend. It yields a solid [...]
Deere & Company (NYSE:DE) recently delivered record results for the first quarter of its fiscal 2012. This prompted analysts to revise their estimates significantly higher for both 2012 and 2013, sending the stock to a Zacks #2 Rank (Buy).
The company also recently announced a 12% increase in its quarterly dividend. It yields a solid 2.2%. Valuation is attractive too with shares sporting a PEG ratio of just 0.7.
Company Description
Deere & Company is one of the foremost agricultural … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards