Cramer told investors to buy Deere shares at the start of the next trading session.
You have to buy Deere all year. The host of the show said that he liked it even more when Russia invaded the country. He said that the company made real stuff and sold it at a profit.
I don't think it's right to be able to get its stock for less than earnings. He said that he would allow you to buy it tomorrow.
Deere's shares tanked after the company missed expectations on revenue but beat on profit. The stock rebounded last week.
Cramer thinks the stock fell because investors were expecting a big quarter due to the current bull market in agriculture and dumped the stock after Deere reported disappointing results.
Cramer said that investors were unenthusiastic after Deere had its analyst day and the stock rallied.
It's an important bellwether and not just for farm equipment. Cramer said that the crazy action in Deere stock can tell you a lot about how the market has evolved.
If you join the CNBC Investing Club, you will get to follow Jim Cramer on a daily basis.
It is not possible to say that it is not possible to say that it is not possible to say that it is not possible to say that it is not possible to say that it is not possible to say that it is not possible to say that it is not possible to say that it is
There are questions for Cramer. 1-800-743-CNBC.
Do you want to learn more about Cramer? Don't hit him! Jim Cramer is on social media.
Suggestions, questions, and comments for the website? madcap@cnbc.com
All Rights Reserved © 2024
