Deere Stock: Bull vs. Bear
With a history that traces back more than 185 years, farming equipment and machinery stalwart Deere (NYSE: DE) is closely identified with the agricultural industry. Few companies can boast such lengthy histories as Deere, suggesting that it's a business with real staying power and a stock that could bolster investors' portfolios.
But there's some disagreement about the best way to look at Deere's stock. While some expect an investment in Deere would bear fruit, others are more skeptical about its prospects from here. To help make better sense of the different perspectives, two fool.com contributors weigh in on both sides of the argument.
Lee Samaha: Deere is a great company, and it has excellent long-term growth prospects thanks in part to the productivity benefits created by its equipment and precision agriculture solutions. In addition, its construction and forestry segment has substantial exposure to infrastructure spending due to its extensive range of road construction machinery. Its long-term future looks great, but the near-term situation is more concerning.
Source Fool.com
