Stock spinoffs to buy can be tricky finds. They represent opportunities to cash in on a business that oftentimes gets lost in the shuffle of competing for resources with other corporate initiatives.
DuPont de Nemours (DD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
DuPont de Nemours (DD) reported earnings 30 days ago. What's next for the stock?
DuPont (DD) benefits from innovation, the Spectrum Plastics acquisition and productivity actions. The planned split into three separate public companies will also unlock significant growth opportunities.
Multinational chemicals company DuPont de Nemours announced Wednesday that it will split into three independent publicly traded companies, separating its electronics and water businesses from its core business, which will carry on as a diversified industrial company. Here's how the businesses will shake out:
Bull notes have pushed Dupont De Nemours Inc (NYSE:DD) stock to two-year highs today.
DuPont???s (DD) Tedlar is a significantly lightweight and durable protective material.
Citi analyst Patrick Cunningham upgraded shares of the materials firm to Buy from Hold Tuesday. His price target went to $95 from $85.
Investors are keeping a close eye on DuPont (NYSE: DD ) stock today as the American multinational chemical company opts to break up its business into three distinct companies. Indeed, DuPont will fracture its electronics and water sectors, leaving the third company more specifically focused on its biopharma and medical devices.
Chemical maker DuPont has become the latest multinational to break up its business, announcing a plan to split the firm into three publicly traded companies.
DuPont announced plans to split into three publicly traded companies. Here's what you need to know.
DuPont (DD) to split into three companies, New DuPont, Electronics and Water, enhancing focus and shareholders' value, backed by strong financials and growth projections.