I've been long DE Deere and have added during the recent pull back Nov 17th moving my avg to $83.81 from $81.35. I don't like the "Pro Active" sell paint bar print today. That could very well be defensive positioning ahead of earnings. If DE gaps down severely, I'll most likely be able to reduce a bit with out too much damage. I am very long time bullish on the best farm equipment manufacturer on the planet. We all gotta eat.
Wall Street consensus: EPS $1.58 Rev 7,763
Estimize consensus: EPS $1.67 Rev 7,840
Estimize has a very good track record. Not perfect, but better than most.
www.estimize.com/de/fq4-2014
Scenario #1: the street approves and gaps DE up above s/r. Love it!; Scenario #2: neutral and the street/fund/inst doesn't make a decision right away. Actually I don't like this. I stay put, look for demand/supply signal; Scenario #3: trim a little and look for a good "on sale" situation after the crop dust settles.
Wall Street consensus: EPS $1.58 Rev 7,763
Estimize consensus: EPS $1.67 Rev 7,840
Estimize has a very good track record. Not perfect, but better than most.
www.estimize.com/de/fq4-2014
Scenario #1: the street approves and gaps DE up above s/r. Love it!; Scenario #2: neutral and the street/fund/inst doesn't make a decision right away. Actually I don't like this. I stay put, look for demand/supply signal; Scenario #3: trim a little and look for a good "on sale" situation after the crop dust settles.
