Tap Corteva’s expanding markets

Article Excerpt

Corteva shares offer investors a number of pluses: Not only is the company at the forefront of key agricultural trends, a prominent activist is driving it to make improvements. As well, the stock is a spinoff. Over the years, we’ve found that spinoffs are about as close as you can get to a sure thing in investing. It’s one key reason why we think Corteva has further gains ahead for investors. We recommend this stock as a Power Buy. CORTEVA INC., $48.28, is a buy. The company (New York symbol CTVA; TSINetwork Rating: Extra Risk) (www.corteva.com; Shares outstanding: 740.6 million; Market cap: $34.8 billion; Dividend yield: 1.1%) is a leading developer of new seeds and crop chemicals including herbicides and insecticides for the agriculture industry. Corteva separated from DowDuPont in June 2019. DowDuPont shareholders got one share of Corteva for every three shares held in the parent. Dow Inc. (symbol DOW on New York) was also spun off by DowDuPont in June 2019. DowDuPont was then…