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Why Did Deere Stock Rise 13% Last Month?
DEJohn Deere(DE) The Motley Fool·2024-04-08 13:29

The industrial leader enjoyed favorable data from a key end market along with accommodating capital market conditions.Shares of Deere & Company (DE 1.33%) rose 12.5% in March, according to data provided by S&P Global Market Intelligence. Bullish data from the agricultural sector helped to soothe investor concerns about demand for the company's products. Meanwhile, favorable capital market conditions stimulated demand for dividend stocks, which created momentum for Deere stock.Good news on the demand frontDe ...