Deere plows higher on Trump construction boom hopes

How will Trump fund infrastructure projects?

Nothing runs like a Deere — or John Deere stock. And there are hopes that the company could continue to plow higher thanks to President-elect Donald Trump’s ambitious infrastructure spending plans.

Shares of John Deere (DE) surged nearly 10% Wednesday to an all-time high after the construction and farm equipment giant reported earnings and sales that topped Wall Street’s forecasts.

Let’s block ads! (Why?)

Latest stock market news from Wall Street – CNNMoney.com

You May Also Like

Leave a Reply