Deere is trading at close to ten times estimated 2012 earnings which is a modest multiple vs. that of the S&P.
Strategies
3525 posts
This time of year always seems to be finicky in the markets so it is important to rely on the fundamentals and your thesis.
Our model has almost 85% of its market value held in 5 holdings: Liberty Interactive, Intuit, Direct TV, Quest Diagnostics, and Starbucks.
Essentially biotech investors assume the role of venture capitalist by funding drug companies with high failure risk.
Is this an opportunity to buy all of those great stocks that “got away from you” in the first quarter run-up, or a portent of nasty things to come?
Apple appeared to be stalling at the $600 level after climbing to this level in an almost vertical chart move.