Stocks to Buy in April: Deere (DE)
Today, DE stock is up about 2% on the year — and with more strength to come, should be on your list of stocks to buy soon.
Deere shares are 4.4% above their 50-day MA and 6.8% above the 200-day. DE stock also is just a handful of percentage points off its 52-week high.
DE stock also is comfortably below overbought, with an RSI of 61. Furthermore, according to the Thomson Reuters Relative Strength Indicator, DE stock scores a 62 out of 100 vs. an industry average of 54.
And DE stock also shares April fortunes with COP, averaging 4.2% gains in the month for the past 10 years.