"Broad-based chemical, agriculture, and 'science technology' company DuPont (NYSE: DD) is about as 'blue chip' as companies get," says Bill Martin.
In his BullMarket.com, the trading and investing expert explains, "One of the oldest firms in the country DuPont has shown it can continue to remake itself and grow." Here's his review.
"DuPont offers the potential of significant gains once the major weak links in the U.S. economy -- namely housing and the automotive sector
Shares of Dow Chemical (DOW) fell another 7% last week - a reflection the markets felt CEO Andrew Liveris's $18.8B takeover of Rohm and Haas (ROH) was too rich. Barron's Andrew Bary thinks they may have a point:
The $78-a-share purchase price translates into about 21 times Rohm's estimated 2008 profits of $3.70 a share, and nearly 12 times estimated 2008 pre-tax cash flow, or earnings before interest, taxes, depreciation and amortization. By comparison, Dow Chemical trades for under 10 times projected '08 profits of $3.30 a share, and less than six times estimated '08 pre-tax cash flow of
E. I. du Pont de Nemours and Company (DuPont) operates as a science and technology company in various disciplines, including biotechnology, electronics, materials science, safety and security, and synthetic fibers. It operates in five segments: Agriculture & Nutrition, Coatings & Color Technologies, Electronic & Communication Technologies, Performance Materials, and Safety & Protection. The Agriculture & Nutrition segment offers benzene and carbamic acid related intermediates, copper, insect control products, soybeans, soy flake, soy lecithin, and sulfonamides. The Coatings & Color Technol
Barron's interviews Legg Mason (LM) value investors Harry Cohen and Scott Glasser, whose Legg Mason Partners Appreciation outdid the S&P 500 by nine points over the past year, despite losing 0.69%.<!---->
They say the time to get bearish was a year ago -- now it's time to be cautious. Financials will not bottom until investors "start thinking in terms of absolute losses and really get scared." Energy, industrials, agriculture and materials - not financials - will lead the market higher, although it doesn't seem to have bottomed yet.
Recap of CNBC's Fast Money, Monday May 19.
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Blame it on Oil?
Pete Najarian said stocks were “decimated” on Monday and volatility is high. He thinks high oil prices might be taking their toll. Macke, however, thinks the market needed to roll over and isn’t surprised at the action given summer options expiration. Karen Finerman thinks oil prices will fall, and Najarian agrees, since the consumer will eventually tire of high prices at the pump. Guy Adami also sees a rollover for oil and noted the transport sector did well in spite of rising oil. He reiterated his prediction for a seco
Resource industry experts Roger Conrad and Yiannis Mostrous are bullish on the agriculture and water sectors; in their model portflio they already hold 6 stocks stocks in these sectors.
The co-editors of Vital Resource Investor explain, "We see strong underpinnings for continued higher agricultural prices for many years to come." Here's their latest agrculture play: EI du Pont de Nemours (NYSE: DD).
"Recently the United Nations Food Agency warned of civil war in some countries because of global food shortages. With the rapid urbanization of Asian countries, we see a growing global dependence
Resource industry specialists Roger Conrad and Yiannis Mostrous are bullish on the agriculture and water sectors; in their model portfolio they already hold 6 stocks in these sectors.
The co-editors of Vital Resource Investor explain, "We see strong underpinnings for continued higher agricultural prices for many years to come." Here's their latest agrculture play: EI du Pont de Nemours (NYSE: DD).
"Recently the United Nations Food Agency warned of civil war in some countries because of global food sh
The <a onclick="s_objectID="http://finance.google.com/finance?catid=59360336_1";return this.s_oc?this.s_oc(e):true" href="http://finance.google.com/finance?catid=59360336">conglomerate sector was down 8.85% for the first quarter of 2008.
E.I. du Pont de Nemours & Co. (DD)
- commonly known as DuPont - raised its first-quarter earnings by 20%,
highlighting the investor-friendly team of Agriculture Boom companies
that are capitalizing on the demand for raw commodities. <!--more-->
DuPont is a diversified set of businesses . Of course, there's the chemicals business, but it's best to look at DD as a sort of technology firm. Their products are used in the agriculture, nutrition, energy, construction, safety, and apparel industries just to name a few. They are now stepping up their presence in the solar power space. This stock is cheaper than the market on an earnings and price to cash flow basis: it is growing profits at a healthy clip. It has a good dividend yield. The debt/equity is ratio is quite high though it is inline with the industry.
Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And with the above in mind, DuPont is worth a review.
Change is rarely easy for any corporation, and when you're the size of DuPont, it's an undertaking of epic proportions.
DuPont (NYSE: DD) is the number three chemical maker in the United States. Analysts say DD's restructured business operations, which red
I intitially started looking into DD as a potential money-worker with the Cinderella agriculture story. So I decided to look at the 10Q ahead of the 10K to be filed this Feb so I can see just how much of Pioneer (the DD subsidiary that rakes in profits on behalf of the ag play) helps drive up DD's bottomline.
Well, it does contribute, but not at levels to really see a P/E above 13. In October, DD's ag nutrition actually drove down profit bottomline -10%, while positive profits came in from all other business lines in safety protection, pharma, color coatins, performance materials,
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