Thursday, February 16, 2012

John Deere Bullish

John Deere reported 2011 year end numbers yesterday with a 45% annual increase for Construction and Forestry Equipment.
Looking for an additional 15% for 2012.
http://www.deere.com/wps/dcom/en_US/corporate/our_company/investor_relations/financial_data/earnings_releases/2011/fourthqtr11.page

The 100% Accelerated Depreciation of 2011 is now at 50% for 2012, but still a significant write off.

Looking for more answers, grinderguy@askthegrinderguy.com

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