John Deere & Caterpillar Are Going Through Them Changes in Future Scenarios for Technology & Industrials
The Weekend Brief (TWB) is inspired by Jimi Hendrix and the Band of Gypsys, with Jimi Hendrix on guitar and Buddy Miles on the vocals and drums. Check out a live performance of the song Them Changes at the Filmore East from 1970.
Press play: https://youtu.be/UCjeIdqWCg4?t=5
John Deere has been reported by Seeking Alpha as the company to lead in all industrial stocks going into 2023. The outlook is based on stronger farm equipment sales, higher grains prices and thus overall better profits for the equipment manufacturer and retailer.
According to a report by Reuters, part of John Deere’s success will be in overcoming supply chain constraints that have had an impact on the company’s business as a result of ongoing parts shortages for farm and construction equipment since the outbreak of Covid-19.
Regarded as an agricultural and industrial bellweather, it was reported that John Deere has outpaced its rival in the construction and farm equipment sector — Caterpillar — to become largest farm and heavy construction equipment company by market capitalization.
There’s also a strong link between equipment manufacturing and global commodity prices. In the case of John Deere…
