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Deere Moves Up In Market Cap Rank, Passing Honeywell International

HON
Market Technicals & FlowsCompany Fundamentals

Deere & Co. (DE) has moved into the #70 spot in the S&P 500 market-cap rankings, displacing Honeywell International Inc. (HON), according to The Online Investor. The change reflects relative market-cap shifts and is a minor index-ranking update likely to have only small index-tracking/rebalancing flow effects rather than material portfolio impact.

Analysis

Deere & Co. (DE) has moved into the #70 spot in the S&P 500 market-cap rankings, displacing Honeywell International Inc. (HON), according to The Online Investor. The change reflects relative market-cap shifts and is a minor index-ranking update likely to have only small index-tracking/rebalancing flow effects rather than material portfolio impact.

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