DuPont de Nemours, Inc. (NYSE:DD) is one of the best chemical stocks to buy, according to billionaires. On July 3, Citi reiterated that DuPont is its top pick Among North American specialty chemical stocks. The remarks come as the research firm expects the company to deliver solid second-quarter results.
Courtesy of DuPont
The research firm expects the company to benefit from foreign exchange gains and improved margin trends in the electronics sector. Citi also expects investor interest in DuPont to increase ahead of its split into two units.
Amid the expected split, Citi has raised its full-year 2025 EBITDA estimate by 1%, impressed by strong performance in the electronics segment. The firm also expects DuPont to deliver moderate sales improvements in its water and healthcare segments.
DuPont de Nemours, Inc. (NYSE:DD) is a chemicals company that provides materials and solutions to various industries. Its products include adhesives, advanced printing solutions, and materials for semiconductors and circuit boards.
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Disclosure: None. This article is originally published at Insider Monkey.