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Industrials · #70 of 100

John Deere

Makes tractors and machines for farming and construction.

📖 Its story

In 1837, a blacksmith named John Deere lived in Grand Detour, Illinois. Farmers were having a hard time because sticky soil got stuck on their plows. John made a steel plow so smooth that the soil slid right off, and it was a hit!

💵 How it makes money

It sells tractors, combines and machinery, and it also lends farmers money to buy them.

🤯 Fun fact

He made his first steel plow from the broken blade of a saw.

👍 The good part

Its machines help grow food for millions of people.

⚠️ The risk

If farmers have a bad year because of poor harvests or low prices, they buy fewer machines.

🧠 Did you get it?

What did John Deere use to make his first steel plow?

Its stock
DE
on the NYSE stock exchange
$663.31
▼ 1.95% today
▲ 42.47% this year
In the game: 663.31 Monis per share (1 Moni = 1 dollar).
Price as of November 5 at 6:49 PM ET, delayed.

🗂️ Quick facts

  • Founded in: 1837
  • Founded by: John Deere
  • Home: Moline, Illinois

🔎 How to find it on the stock market

  1. Search the internet for DE stock.
  2. You can also find it in your parents' investing app with the letters DE.
  3. Check how much one share costs and whether today it's green (went up) or red (went down).

🎮 Buy it in the game

Soon you'll be able to invest your Monis in John Deere. Ask your mom or dad to join the list.

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