Split has created two quality buys

Article Excerpt

DuPont, formerly known as DowDuPont, took its current form on June 1, 2019, when it spun off some of its operations, including its agriculture business, as a separate firm called Corteva Inc. Shareholders received one Corteva share for every three DowDuPont shares they held. DuPont is down slightly since the split. However, it should benefit as industrial activity rebounds from the pandemic. While Corteva has soared 129%, we feel it can still go higher as its products are increasingly vital to global food production. DUPONT DE NEMOURS INC. $62 is a buy. The company (New York symbol DD; Manufacturing & Industry sector; Shares outstanding: 500.9 million; Market cap: $31.1 billion; Dividend yield: 2.1%; Takeover Target Rating: Medium; www.dupont.com) is a leading maker of makes chemicals and other products. DuPont has three main divisions: Electronics & Industrial; Mobility & Materials; and Water & Protection. Its products include construction materials such as Tyvek home wrap; fibers such as Kevlar, which is used in bulletproof vests; and materials used in…