Close-up of CAT (Caterpillar Inc) logo on construction equipment, Lafayette, California, August 20, ... [+] 2024. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesGiven its better valuation, we believe Deere stock (NYSE: DE) is a better pick than its peer, Caterpillar stock (NYSE: CAT) for the next three years. CAT stock trades at 2.6x revenues, versus 1.8x for DE. We think this gap in their valuation will narrow in favor of Deere, given its superior revenue growth and profitability. There ...