If You Invested $3,000 in Deere 10 Years Ago, This Is How Much You Would Have Today
Building wealth in the stock market is as simple as investing in quality companies and allowing your investment to grow over time. One blue chip stock that delivered for investors for years is Deere (NYSE: DE).
Deere established itself as a top provider of agricultural equipment with a strong brand and a loyal customer base, and it has delivered excellent returns for investors. If you purchased $3,000 in stock in Deere 10 years ago, your investment would be worth $18,170 today. To put this in perspective, a similar investment in the SPDR S&P 500 ETF would be worth $9,704 today.
Here's why Deere stock crushed the broader market and is poised to keep delivering for its investors.
Source Fool.com
