Is Deere and Company a Good Investment?

PHOTO CREDIT: Deere and Company

OVERVIEW

Deere and Company is an industrial company based in the United States that manufactures tractors of all sizes and any attachments and products related to tractors like seeding machines, cotton pickers, sugarcane harvesters, balers, mowers, and many others. They also manufacture machines used in construction, timber harvesting, and other infrastructure needs. They operate financial solutions for their products as well.

Why You Should?

  1. Deere and Company has seen a spike in demand for their products and services because of an increase in demand for agricultural products. The company manufactures key equipment like tractors and attachments needed to operate a farm and be a good agribusiness. This growth will benefit the company in the long-term.
PHOTO CREDIT: Yahoo Finance

Why You Should Not?

  1. Deere and Company face tough competition from several companies like Caterpillar, CNH Industrial, and Kubota Corporation, all of which offer products that directly compete to the ones that John Deere offer. This might negatively impact the company’s future growth.

MY OPINION

In my opinion, I think that Deere and Company is a great long-term investment due to an increased demand for agricultural goods, strong expansion plans, a strong economy, and a wide variety of products for many different uses. However, competition and trade tensions might negatively impact the company’s future results and sales numbers.