Jim Cramer says Deere stock is incredible and not done going higher

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Jim Cramer said on Mad Money that Deere & Company is an incredible stock that is not done going higher. He noted that Deere is on fire, but cautioned that the company has a history of being too conservative on conference calls, which could temporarily knock the stock down. Madison Investments highlighted Deere as a top contributor in its first quarter 2026 investor letter, adding that while agricultural equipment end markets remain subdued, the worst of the recent downcycle appears to be behind us. The firm modestly trimmed its Deere holdings as valuations began to reflect a profit recovery.

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Cramer calls stock incredible and not done going higher; Madison Investments says worst of downcycle behind, profit recovery expected.