Deere & Company Stock: Is DE Outperforming the Industrial Sector?

Deere & Company (DE), headquartered in Moline, Illinois, manufactures and distributes a range of agricultural, construction, forestry, and commercial and consumer equipment. With a market cap of $124.4 billion, the company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services. 

Companies worth $10 billion or more are generally described as “large-cap stocks,” and DE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the farm & heavy construction machinery industry.