Today’s Research Reports on Trending Tickers: General Electric and Deere & Company

NEW YORK, NY / ACCESSWIRE / May 21, 2018 / U.S. markets finished lower on Friday, and posted weekly drop as uncertainty on trade negotiations linger on the market. The Dow Jones Industrial Average was flat to close at 24,715.09, while the S&P 500 Index declined 0.26 percent to close at 2,712.97. The Nasdaq Composite Index fell 0.38 percent to close at 7,354.34.

“I don’t think this is the warning sign others seem to — I’m in the camp that the rising yield reflects an improving economy — but I am concerned about tariffs and trade policy. To me, that’s the biggest risk, and we need to see whether the negotiation process results in fairer policy,” said Lance James, who manages about $3 billion as a senior portfolio manager of U.S. equities at RBC Global Asset Management.

RDI Initiates Coverage on:

General Electric Company
https://rdinvesting.com/news/?ticker=GE

Deere & Company
https://rdinvesting.com/news/?ticker=DE

General Electric’s stock moved 0.4% lower Friday, to close the day at $14.97. The stock recorded a trading volume of 34,363,828 shares, which was below its three months average volume of 71,621,803 shares. In the last year, General Electric’s shares have traded in a range of 12.73 – 29.47. The share price has gained 17.6% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $14.00 is below its 200-day moving average of $15.91. Shares of General Electric have gained roughly 2.96 percent in the past month and are down 14.21 percent year-to-date.

Access RDI’s General Electric Company Research Report at:
https://rdinvesting.com/news/?ticker=GE

On Friday, shares of Deere & Company recorded a trading volume of 7,788,803 shares, which was above the three months average volume of 2,830,930 shares. The stock ended the day 5.75% higher at $155.25. The share price has fallen 11.42% from its 52-week high with a 52-week trading range of 112.87 – 175.26. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $144.78 is below its 200-day moving average of $152.92. Shares of the company are trading at a Price to Earnings ratio of 35.29. Shares of Deere & Company have gained roughly 5.64 percent in the past month and are down 0.81 percent year-to-date.

Access RDI’s Deere & Company Research Report at:
https://rdinvesting.com/news/?ticker=DE

Our Actionable Research on General Electric Company (NYSE:GE) and Deere & Company (NYSE:DE) can be downloaded free of charge at Research Driven Investing.

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