Deere Stock News

For decades, Bill Gates has been praised for being one of the richest men and biggest philanthropists in the world.

Republican presidential nominee Donald Trump on Tuesday offered promises to reverse offshoring by U.S. manufacturers, while Democratic rival Kamala Harris's campaign deployed prominent supporter Mark Cuban to attack the former president's economic proposals.

Trump said the manufacturing shift to Mexico is hurting “our farmers” and “our manufacturing."

Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves some of its production to factories in Mexico. John Deere plans to shift production of some of its models to Mexico, a move that has resulted in layoffs at some facilities in Iowa.

Increasing corn yields support investment in agriculture machinery and precision agriculture solutions from Deere. Tesla has the first-mover advantage in the electric vehicle market.

Deere's investors experienced poor returns YTD because of struggles in the farming machinery manufacturing industry. In the meantime, Caterpillar kept soaring and yielding high returns. In this article, I tackle the issue of the valuation gap between Deere and Caterpillar to explain why it is so and what to expect in the next few years.

Just over a tenth of the stocks in the S&P 500 are going ex-dividend in the next two weeks. If the ex-dividend date is 9/20/24, for example, you'd need to own shares as of the close on 9/19/24 to capture the dividend. Some of the highest-yielding stocks going ex-dividend in the next two weeks include Eversource Energy, Philip Morris International, Franklin Resources, US Bancorp, and Host Hotels.

Like its participants, the market goes through cycles, some of which are predictable on a fundamental and statistical basis. Today, the S&P 500 is experiencing a headwind caused by two factors: historically slow stocks in September and the potential effects of the Federal Reserve (the Fed) cutting interest rates this week.