Deere: Recent Acquisition Helps Solve A Huge Problem

Aug. 10, 2021 12:12 PM ETDeere & Company (DE)5 Comments
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StockBros Research


  • Deere is a great company that stacks up well against competitors.
  • The Bear Flag Robotics acquisition aims to reduce the gap between supply and demand in the farming industry.
  • However, now might not be the best time to buy the stock.

Harvest - combine at canola field
esemelwe/iStock Unreleased via Getty Images

Deere & Company (NYSE:DE), is a great company that has performed exceptionally well in the past year. It has a reputation of being innovative and its recent acquisition of Bear Flag Robotics demonstrates why. Despite this, now

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Two bros that talk about stocks, mainly GARP (growth at a reasonable price) stocks, but we look for opportunities everywhere. We don't have a specified time horizon. We invest in a stock for as long as our thesis holds true, and get out when the facts change. In addition, we've developed market-beating algorithms with python that help us find attractive investment opportunities within our own portfolios.Website: www.stockbrosresearch.comTwitter: @StockBrosTrades

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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