Jim Cramer on Deere: “There’s No Reason to Jump the Gun”
Group 1 - Deere & Company (NYSE:DE) is highlighted as a stock with resilience, described as "made of Teflon," indicating its ability to withstand market fluctuations [1] - The company operates in the farming sector, which is historically supported by government subsidies during tough times, benefiting sales of farm equipment [1] - Recent declines in commodity prices raise questions about their impact on Deere's sales, suggesting a cautious approach to investment in the stock [1] Group 2 - Deere & Company manufactures a range of equipment including farming, turf, construction, and forestry machinery, along with supporting parts and tools [2]