Salesforce (CRM) reports Street-beating Q2 >>> READ MORE

5 Stocks to Buy in April

The technicals say these blue chips are buys thanks to price momentum and seasonal strength

      View All  

Stocks to Buy in April: Deere (DE)

Click to Enlarge
Deere (DE) came back strong from an early swoon this year to put up strong gains in March and early April. Indeed, DE stock was off as much as 8% by late February.

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.

Next Page

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC