Top AI Stock to Buy in June That You Can’t Ignore

Deere & Company, commonly known as John Deere, invests in automation and artificial intelligence to make the farming process more efficient and cost-effective, according to a report by The Motley Fool. The article suggests that Deere’s stock is underestimated, as the industrial sector is rich in opportunities, and this legacy company appears to blend present-day success with long-term upside. This is especially true given that Deere has developed new technologies that automate farm operations, helping farmers save money on fertilizer, maximize production, and avoid unnecessary fuel expenses, while automating mundane tasks. For instance, Deere has developed autonomous tractors, which plant straight rows and maximize crop yield and the number of seeds that can be planted in a given acreage. By putting cameras on sprayers, Deere helps farmers detect crops versus weeds. The sprayers then use just the right amount of product needed to support crop growth or get rid of weeds. Plus, the Deere harvesting process uses AI to automatically adjust settings to improve harvesting efficiency. While Deere may not appear to be an AI company at first glance, it is leveraging the technology in fundamental ways that are driving growth and potential record profits. Deere is described as the industry leader in agriculture machinery, and this remains an industry civilization cannot live without. The report concludes by acknowledging this past year’s record profits. It is also noted that Deere has the unique advantage of being a long-standing agricultural machinery manufacturer and organic growth potential with long-term tailwinds that drive decades of value creation.