Speaker 1: Investors double down on Deere, the agricultural equipment maker leaping ahead after riding on higher demand-driven sales. The company reporting strong earnings and noting its higher levels of production, but can that counter softening demand elsewhere? Business Class Brad has the answer for us.

Speaker 2: Yes, well taking a look for today's SWOT analysis, starting things off as we always do with the stock reaction to the most recent earnings from John Deere. It's been higher and it's the number two trending ticker on the Yahoo Finance platform right now. It's up by about 7%. And into today's SWOT analysis, first with some of the strengths and weaknesses, oh hey, we got the cartoon today, awesome. All right, taking a look at the strengths. First and foremost, got to call out the production here because when you think about the rates of production and what Deere had spoken about within this quarter, that unit production rate that continues to improve, that helps them move through some of that inventory and actually churn the inventory, get it out the door to their customers and all of their operating segments. They had higher shipment volumes and you take the price consideration into that, that was also elevated. So, elevated prices were able to move through some of that inventory, get it into their wholesale distributors and customers, purchasing customers, that helps them move through backlog. Revenue on the back of that also moved higher by about 32%, 33% there. And so, continuing to think about what not just the strengths were, but some of the weaknesses and where they need to continue to improve, well, it's in the cost of sales and what it's actually taking them off of their balance sheets in order to get some of that inventory into customers. So, that cost of sales, that was actually up by about 18.5% year over year. And then additionally, that research and development spend. Now, sure, there are some flashy components to Deere that even prompt them to show up at CES with some of their newest machinery, but at the end of the day, that research and development moved higher by about 22% year over year. And these two categories, outside of their selling administrative and general expenses, are the largest expensive for John Deere right now. So, that's the strengths and weaknesses approach for John Deere at this point in time. I'm loving this SWOT analysis, Brad, thank you so much, appreciate it. Well, wait a minute, I got two more for you. But wait, there's more. As the late, great Billy Mays would say, we got to talk about the opportunities. The other half of this SWOT analysis, production and precision ag segment here. And so, for the production and precision ag, you saw net sales move higher by about 55% year over year. But here's where it gets real juicy or where there's a lot of things to be harvested out there. And it's in that operating profit for the first quarter of 2023, higher by 308% there. Higher shipment volumes, once again, contributing to that, and price realization. The company also continuing to monitor this segment because they're driving healthy demand. They've got order books that are still full into the third quarter of fiscal year 2023. And then lastly here, just got to talk about the threats to round this off on John Deere. They've seen some softness in Europe, they're expecting flatness to about up 5% for this year. However, in Asia, they're calling that sluggish. And they've talked about this in recent earnings calls as well. They're forecasting for that to be down moderately within that region. So that, the full SWOT analysis on John Deere here today. You don't have any more? Any more? You got any more pictures behind there?

Speaker 1: Can I actually say one more thing? You're going to charge. You're like, go, we'll let you. I mean, I don't know if you can hop on over. We got to go. Got to go. Grain prices are still super high. They've come down a lot. But if you look at a five-year chart of a lot of grain prices, they're still high. Tractors have a lot of cash, and they want to spend at least some of it on tractors. Look at this dude. He's crushing it. I'm trying to find the grain prices. No, it's OK. I'll show you. I'll show you. Got to go. Come on.