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Promising Agriculture Stocks Worth Watching - June 7th

Deere & Company logo with Industrials background

Deere & Company, Chubb, and Norfolk Southern are the three Agriculture stocks to watch today, according to MarketBeat's stock screener tool. Agriculture stocks are equity shares of companies involved in the cultivation, processing and distribution of farm products—ranging from seed and agrochemical manufacturers to farm-equipment makers and food processors. By investing in these stocks, shareholders gain exposure to the global supply chain for food and fiber. Their performance is typically influenced by commodity prices, weather conditions and agricultural policy changes. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

DE traded up $8.87 on Friday, reaching $519.62. The stock had a trading volume of 1,473,759 shares, compared to its average volume of 1,396,705. The company has a current ratio of 2.22, a quick ratio of 1.98 and a debt-to-equity ratio of 1.94. The company has a market capitalization of $140.73 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 2.14 and a beta of 1.09. Deere & Company has a fifty-two week low of $340.20 and a fifty-two week high of $533.78. The firm has a 50-day moving average of $479.20 and a 200-day moving average of $465.95.

Read Our Latest Research Report on DE

Chubb (CB)

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

Shares of NYSE:CB traded up $2.43 during midday trading on Friday, hitting $293.95. 1,339,772 shares of the stock were exchanged, compared to its average volume of 1,618,807. The business's 50-day moving average price is $287.64 and its 200 day moving average price is $281.72. Chubb has a 12 month low of $251.42 and a 12 month high of $306.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The stock has a market capitalization of $117.79 billion, a price-to-earnings ratio of 12.94, a P/E/G ratio of 3.36 and a beta of 0.54.

Read Our Latest Research Report on CB

Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

NYSE:NSC traded up $3.97 during mid-day trading on Friday, hitting $250.89. 1,144,957 shares of the company's stock were exchanged, compared to its average volume of 1,226,526. Norfolk Southern has a fifty-two week low of $201.63 and a fifty-two week high of $277.60. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $56.56 billion, a P/E ratio of 21.70, a PEG ratio of 2.31 and a beta of 1.32. The company has a 50 day simple moving average of $229.42 and a 200-day simple moving average of $240.74.

Read Our Latest Research Report on NSC

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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