By coinnews 
00:00 Speaker A
Let’s talk about John Deere. Uh, stock down about 1% today. This is a, of course, a global industrial ag play. A lot of characteristics that maybe are vulnerable to tariffs here, J, but I think a lot of characteristics that in the market we’ve discussed this hour is getting more defensive, a name that is meeting a lot of the criteria along those guidelines as well.
00:22 Speaker B
It’s meeting fundamental criteria and technical criteria. I look back over the long term to get a picture. Where’s this stock been? It had a nice two-year base on a weekly chart and it just broke out. So you have risk reward parameters set up where, okay, if it gets back below 80, maybe I get out of this trade, but the upside, it’s not going to move like a tech stock. It’s not going to go euphoric or to the moon as some of these, you know, names tend to do when they get momentum behind them. But but John Deere, I’m going to quote the CEO, John May. He said, and this is very important because this is where people’s mindset is with this administration, 75% of all products that we sell in the United States are assembled here in the United States. So when you’re talking about tariffs, you’re talking about bringing jobs back, that has got a little patriotic overture. Uh that is something that this administration wants to see. Uh and uh so it’s not your sexy name that you’re going to want to, you know, go to the bar and talk to your friends, I just got into John Deere, but from a risk reward point of view, from something safe, John Deere right now is a good place to park your money.
02:02 Speaker A
And I guess it’s interesting now the way that the process for investors kind of has to go in this point in time is to think about is there a, let’s call it an America bid with any of these names, right? Is there a way that and we saw it with Apple coming out talking about how much they’re going to invest in the US. You’ve seen it across industries. Companies are looking for ways right now to whether it’s on a conference call, whether it’s a one-off announcement, to remind the administration, remind its investor base, we not only have operations in the US, we want to build those operations in the US. It’s a very interesting wrinkle inside thinking about, you know, okay, how much money they make and or how much money they bring in and how much do they keep.
02:55 Speaker B
Exactly. And when we’re talking tariffs as well, if you’re mostly based in the United States, then you’re going to avoid some of these tariffs. So people will focus on that and they’ll skate where the puck is and then focus on these American brands that are, you know, bringing products here and they don’t have to worry about the uncertainty of tariffs that are about to hit them.
03:26 Speaker A
Yeah, maybe makes the negotiation on, hey, we should be exempt from this or that, the other, a little bit easier perhaps.