Deere (NYSE: DE) has seen its stock price surge following the release of some applaud-worthy fourth-quarter results. Profits and sales surged sharply as the company began to feel the perfect combination of strong demand and relief from supply chain woes. As the agricultural machinery maker makes a run for new all-time highs, I still view the name as one of the worthier industrial stocks heading into a recession year. The stock's still cheap, and the post-quarter jump may very well be the start of a sustained move higher. I am bullish on Deere stock.
https://www.tipranks.com/news/article/deere-stock-nyse-de-post-earnings-bounce-might-be-just-the-start?utm_source=advfn.com&utm_medium=referral