AOL Money & Finance

Du Pont posts

Feed

Look for Du Pont to defy its critics

Posted Aug 18th 2009 5:30PM by Joseph Lazzaro (RSS feed)
Filed under: duPont(E.I.)deNemours (DD), Stocks to Buy

Du Pont reported better-than-expected Q2 earnings, but the report nevertheless did not overwhelm institutional investors, who've granted the company only a modest P/E of 14.

Even so, I'm Reiterating my Buy rating for E.I. du Pont de Nemours & Company (NYSE: DD), first recommended on April 22, 2009 at a price of $27.74. Here's why:

Continue reading Look for Du Pont to defy its critics

Do consider Du Pont

Posted Apr 22nd 2009 2:10PM by Joseph Lazzaro (RSS feed)
Filed under: duPont(E.I.)deNemours (DD), Stocks to Buy

Have institutional investors been overly harsh on Du Pont's (NYSE: DD) shares? Indeed they have. Here's why:

Look for DD's agriculture business to advance nicely, at double digit rates, in 2009, after a 22% gain in 2008. Pharmaceutical earnings are expected to be roughly flat. Look for raw material and energy costs to dip slightly in 2009.

Continue reading Do consider Du Pont

Du Pont focuses on what's important: profitable operations

Posted Jan 15th 2008 5:43PM by Joseph Lazzaro (RSS feed)
Filed under: duPont(E.I.)deNemours (DD), Agriculture, Stocks to Buy

Change is rarely easy for any corporation, and when you're the size of Du Pont, it's practically an undertaking of epic proportions.

E.I. du Pont de Nemours & Company (NYSE: DD) is the No. 3 chemical maker in the U.S. Analysts say DD's restructured business operations, which reduced its business units to 5 from 8, including an exit from the pharmaceutical and fibers business, should begin to produce results in 2008.

Analysts see 2008 revenue advancing about 5%-8%, after a 5-7% gain in 2007. DD's agriculture segment will continue to shine, with revenues increasing about 10-12%, aided by strong seed sales. Further, global chemical demand should offset softness in the U.S. The Reuters FY 2007/FY 2008 EPS consensus estimates for DD are $3.19 to $3.41.

Continue reading Du Pont focuses on what's important: profitable operations

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 01:23 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

Most Commented On (14 days)

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

  • My Portfolio
  • Create a New Portfolio

BloggingStocks Partners

More from AOL Money & Finance