Replies to post #7707 on The Rising Influence of Rising Affluence

[DewDiligence]

Is there a better company than DE in the S&P 500 that trades at a P/E <10? If so, I'd like to know who.

[DewDiligence]

DE +4% on $8B new buyback authorization:

http://finance.yahoo.com/news/deere-expands-share-buyback-program-152400848.html

With $1B remaining on the old buyback authorization, DE can buy back up to $9B of stock; at the current share price, $9B equates to about 105M shares, about 28% of the shares currently outstanding.

[DewDiligence]

Bullish, but pedestrian, article on DE from TSCM:

http://www.thestreet.com/story/12148540/1/deere-undervalued-sleeper-for-2014.html

Don’t think there’s anything in this piece that hasn’t already been discussed on this board.