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Valued at a market cap of $129.2 billion, Deere & Company (DE) manufactures agricultural, construction, forestry, and turf equipment. The Moline, Illinois-based company also provides precision agriculture technologies, parts, and financial services to support its machinery operations.
This agricultural equipment manufacturer has outpaced the broader market over the past 52 weeks. Shares of DE have rallied 22.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 14.5%. However, on a YTD basis, the stock is up 13.5%, lagging behind SPX’s 16.5% return.