why are people excited about dupont stock?

Well, people are excited about DuPont stock because the company's shares have been doing really well, going up in price by 17% over the past 6 months. This is because the company has been doing a lot of good things like innovating new products, making smart buyouts of other companies, and becoming more productive. These things help the company grow, and that's why people are excited about investing in DuPont stock. Read from source...

It has come to my attention that some of the commentators on Benzinga's news articles might not be fully objective in their analysis and arguments. There have been cases where commentators have ignored facts or exhibited an emotional response to certain news or events. They have also made irrational arguments, resorted to personal attacks or shown biases in their opinions. As such, readers should take such comments with a grain of salt and make their own informed decisions based on the facts presented in the article.

1. DuPont shares are up 17% in the past 6 months driven by its innovation, strategic acquisitions such as Spectrum Plastics Group, and productivity improvement actions. DuPont is also benefitting from cost synergy savings and its focus on high-growth, customer-driven innovation for the healthcare market. Earnings estimates for DD have also been going up over the past 60 days, reflecting analysts' optimism.

2. Better-ranked stocks in the Basic Materials space are Newmont Corporation, Element Solutions Inc, and Agnico Eagle Mines Limited. Newmont and Element Solutions sport a Zacks Rank #1 (Strong Buy), and Agnico Eagle carries a Zacks Rank #2 (Buy).

3. Newmont's current-year earnings are pegged at $2.82, indicating a rise of 75.2% from year-ago levels. The Zacks Consensus Estimate for NEM's earnings has increased 16% in the past 60 days. The stock has rallied around 33% in the past year.

4. Element Solutions' current-year earnings have increased by 0.7% in the past 60 days. ESI beat the consensus estimate in three of the last four quarters while delivering in-line results on the other occasion.

5. Agnico Eagle's current-year earnings are pegged at $3.65, indicating a year-over-year rise of 63.7%. AEM's earnings beat the Zacks Consensus Estimate in each of the last four quarters, the average earnings surprise being 15.7%.

Risks:

1. DD's high dependence on innovation-driven investments, productivity actions, and acquisitions pose a risk to its future growth and profitability.

2. Changes in economic conditions or consumer behavior could also affect DD's revenue and earnings in the future.

3. Political instability and regulatory changes could also affect the industry's performance and DD's business operations.

4. Newmont and Element Solutions' high valuation levels and concentrated operations could expose them to higher operational, financial, and market risks.

5. Agnico Eagle's reliance on mining activities and commodity prices could affect its revenue and profitability.