The Global Demographic Tailwind

[DewDiligence]

Proving that you can’t please everyone, here’s an analyst who is worried about DE’s blowout results:

http://finance.yahoo.com/news/Deere-profit-tops-rb-1080801047.html?x=0&.v=6

Alex Blanton, an analyst at Ingalls & Snyder who has been covering the U.S. manufacturing sector for four decades, applauded Deere's apparent success in controlling costs [apparent?], eliminating waste and making its manufacturing operation more efficient…

"I'd say their forecasting isn't very good," Blanton said. "Or maybe they're just playing a game: underpromise, overdeliver. The problem with that is if people catch on to that, then they start raising their numbers above your guidance because they know you're low-balling. Then one day you don't lowball and look out."

:- )