DuPont de Nemours (DD) has been generating attention due to a range of factors. The company has recently been upgraded to a 'Buy' status, indicative of its positive trajectory. Certain indicators suggest it is a strong candidate for investment in the hydrogen and fuel cell market for 2025.
Q3 earnings exceeded expectations, demonstrating a strong momentum for DD stocks. This has been capitalised by large volume purchasing by stock traders. However, certain signs suggest a bearish trend, with some insiders disposing of their stock. This sits alongside a 2.2% drop since the last earnings report. Despite this, over the last five years, shareholders have enjoyed a 7.2% Compound Annual Growth Rate (CAGR). Expert voices, such as Jim Cramer, have been vocal about their support of
DD. Q3 2024 earnings highlight strong growth in the electronics segment. Institutional backing for the company is strong, with 73% of shares owned by institutions. There has been significant movement and trading in shares, including the sale of large batches of shares by Jon Kemp. Finally, a promising outlook has been given for Q3 2024. Earnings per share (EPS) is expected to increase, indicative of the company's steadily increasing performance.
Dupont De Nemours DD News Analytics from Wed, 22 May 2024 07:00:00 GMT to Fri, 27 Dec 2024 11:54:47 GMT -
