Reported 1 day ago
DuPont de Nemours Inc. (DD), with a market cap of $31.9 billion, is a leading global specialty materials and chemicals company. Despite its strong IP and position in high-growth markets, DD has underperformed compared to the Materials Select Sector SPDR Fund, with shares dropping 13.4% from their 52-week high. Recent developments, including the planned sale of its Aramids business for approximately $1.8 billion, aim to enhance its strategic focus and financial position. Nonetheless, investor reaction has been lukewarm, and analysts maintain a favorable outlook with a consensus rating of 'Strong Buy.'
Source: YAHOO