Deere Runs with Worldwide Sales

With the economy going up and down, it has made many investors wary of making investments with respect to the long term. Even though the market has suffered, there are still a few good plays. Many areas are in long term bull markets that, in my opinion, are just taking a breather and the smart investor could make a bundle jumping in at today's prices. I have hammered the agricultural bull over and over and still believe that it has legs going forward. If you look at my call on CNH Global  (CNH) you will see why many companies do look good going forward.

Deere & Co. (DE) seems be a good investment after a disappointing third quarter. In my estimation, DE has been hammered by its exposure to construction equipment, as the United States is in its second worst housing environment in history, second only to the Great Depression. Investors are overly interested in the price of steel margins, but are not as concerned with the price of fertilizer.