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Look for Du Pont to defy its critics

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

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

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

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Last updated: November 27, 2009: 02:03 PM

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