This Unstoppable Dividend-Paying Growth Stock Is Up More Than 260% in 5 Years. Here's Why It Just Hit an All-Time High.

Shares of Deere & Company (NYSE: DE) hit an all-time high on May 16 after management reported second-quarter fiscal 2025 results (for the period ended April 27). Since then, the dividend stock has come down slightly from that high in lockstep with a broader market pullback.But shares of Deere, which manufactures agricultural equipment and other heavy-duty machinery, are still up 235% during the past five years compared to a less than 100% gain in the S&P 500 (SNPINDEX: ^GSPC).Buying stocks near all-time highs can seem counterintuitive. After all, everyone wants a good deal, which usually means paying less for something, not more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool