“Stop Watching the Market. Start Thinking Like a Business Owner | FAST Graphs”
Do not buy DE; valuation is at an all-time high while profits decline, making it a bad investment.
So you can look at something like John Deere and observe what has happened in the market with them now. It is trading at its highest level ever. It is trading at its highest level ever, even with declining profits.
You wouldn't want to buy a stock like Deere right now, which is a great company if you could buy it at an attractive price, while it's trading at a ridiculous valuation compared to its fundamentals.