Despite Excellent Results, This Magnificent Dividend Stock Is Hovering Around a Two-Year Low. Here's Why It Has Become Too Cheap to Ignore.
John Deere(DE) The Motley Fool·2024-08-18 20:20Deere is a cyclical stock worth holding through market cycles.Deere (DE 1.25%) stock has been under pressure as the peak of its earnings boom seems to be over. However, the agriculture, construction, and forestry original equipment manufacturer is still delivering impeccable results that have far exceeded pre-pandemic levels.Here's why Deere is an excellent dividend stock to buy around its two-year low, even if earnings growth clocks lower in the future. Deere is coming off a historic boomThe best way to ap ...