DuPont de Nemours (DD) continues to draw substantial interest from established investment firms, as Nwam LLC, Charles Schwab Investment Management Inc., to name a few, have increased their stakes in DD. DD outpaced many of its Basic Material peers, with it surpassing Q3 Earnings estimates significantly. This sheds favorable light on Jim Cramer's recommendation to buy the stock, indicating a bullish inclination amongst analysts towards DD. An instance of strategic growth was seen in its Electronics sector, as highlighted in DD’s Q3 2024 Earnings Call. Positive forecasts for DD have been made by leading analysts post the Q3 results and have contributed to existing holders like Ontario Teachers Pension Plan Board adding to their holdings. DD impressively reported a 29% return over the past three years with a considerable turnover of 21% over the last year. Despite inevitable fluctuations and some underperformance on certain days, DD stock demonstrated resilience with instances of outperforming competitors. Critics argue that DD's conservative accounting might be the cause for soft earnings, yet Q3 results indicated that their earnings were better than they appeared, boosting investor confidence.
Dupont De Nemours DD News Analytics from Thu, 23 May 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:14 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor -3
