Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Deere Stock Continues Flat Base Pattern With Rising Relative Strength

Deere had its Relative Strength (RS) Rating upgraded from 80 to 83 Thursday. The stock is also showing high 90s for both EPS and Composite Rating, according to its chart on MarketSmith.

As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

The Boom Time for Farmers Can Last. Who Will Reap the Rewards?

This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

History shows that the best-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.

Looking For Winning Stocks? Try This Simple Routine

Deere is working on a flat base with a 448.50 buy point. See if the stock can break out in heavy volume.

Earnings Report

While sales growth fell last quarter from 37% to 32%, earnings-per-share grew 124%, up from 81% in the prior report.

The company holds the No. 1 rank among its peers in the Machinery-Farm industry group.

​Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.