Blueshift Says Deere's A Game Changer (DE, MON, CNH)

Blueshift Ideas is out with some notes on Deere DE, as the company is being called a "game changer," as it's making inroads in China and Brazil. In the tweets, Blueshift writes, "[Deere and Case New Holland] on-board module cotton pickers sold out. DE's a game-changer, making inroads in China and Brazil. Blueshift also notes that the company's proprietary herbicide supplier said sales are up 30% because weeds are showing resistance to Roundup Ready herbicides. Roundup is made by Monsanto MON. At last check, shares of DE were up $1.34 to $95.23, a gain of 1.4%, while shares of CNH were up $3.08 to $48.17, a gain of 6.8%.
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Posted In: Long IdeasTrading IdeasBlueshift IdeasConstruction & Farm Machinery & Heavy TrucksFertilizers & Agricultural ChemicalsIndustrialsMaterials
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