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DE - Trains Tractors And Telecom - Part II: CATs And Deeres (Video)
Deere & Company
In part II of our series (see part I here) we examine the farm & construction equipment manufacturers and key components. While internationally there is a lot of competition on the US exchanges it is Caterpillar (CAT), John Deere (DE), and then everybody else (at least in terms of market cap). CAT is the world's largest machinery manufacturer and leads globally in sales with over $54B in 2018. Similarly DE is equally dominant in the agricultural space. As recently as 2015 it had the majority of market share in