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With a market cap of $133 billion, Deere & Company (DE) is the world’s largest producer of agricultural equipment, best known for its iconic John Deere brand with the signature green and yellow design. The company operates globally across four segments: Production and Precision Agriculture; Small Agriculture and Turf; Construction and Forestry; and Financial Services.
Shares of the Moline, Illinois-based company have outperformed the broader market over the past 52 weeks. DE stock has climbed 31.9% over this time frame, while the broader S&P 500 Index ($SPX) has returned 16.1%. Moreover, shares of the company are up 16.1% on a YTD basis, compared to SPX’s 9.7% gain.