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Bullish Case: Despite recent layoffs, DE's strong dividend growth and advances in sustainable tech hint at solid long-term potential.


Bearish Case: Rising interest rates and recent layoffs point to slowing demand and potential near-term underperformance for DE.


Potential Outcomes: Imminent layoffs may lower short-term sentiment (40%). Long-term growth in sustainable tech could drive recovery (60%).


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April 10, 2024


Deere Forecast

DE        Deere
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with DE



TEX Forecast + Options Trading Strategies   TEX  Terex (0.77)


W Forecast + Options Trading Strategies   W  Wayfair (0.74)


LEA Forecast + Options Trading Strategies   LEA  Lear (0.73)


SMTC Forecast + Options Trading Strategies   SMTC  Semtech (0.72)


RH Forecast + Options Trading Strategies   RH  RH - (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to DE



PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (0.0)


MSFT Forecast + Options Trading Strategies   MSFT  Microsoft (0.0)


ACMR Forecast + Options Trading Strategies   ACMR  ACM Research (-0.0)


NU Forecast + Options Trading Strategies   NU  Nu Holdings (0.0)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DE



HUM Forecast + Options Trading Strategies   HUM  Humana (-0.35)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.38)


HDGE Forecast + Options Trading Strategies   HDGE  Advisorshares Trust - Ranger Equity Bear (-0.39)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.44)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.55)





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