Deere & Company (NYSE:DE) is one of the stocks Jim Cramer expressed thoughts on. Cramer called it a “high-quality company” during the episode, as he remarked:
“Deere rolled out some new long-term financial forecasts that I thought were very, very bullish. Management said they expect net sales to rise at a 10% compound annual growth rate from this year through 2030. Very strong… For perspective, from 2000 to 2009, Deere’s revenue compounded at just a 7% clip. From 2010 to 2019, it was more like a 5% clip. From 2020 to 2025, it was just a 4% clip. In other words, management predicting that they’ll be able to deliver their best long-term revenue growth in a couple decades over the next five years, I think that’s huge.
