$33.38
-0.04 (-0.12%)
E.I. du Pont de Nemours & Company (DD)
CAPS Rating:
Manufactures a range of products for distribution and sale to many different markets, including the transportation, safety and protection, motor vehicle, home furnishings, medical, electronics, communications and the nutrition and health markets.
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Fool UK
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I work there. We are a great solid dividend producing, reliably steady company but heavily involved in serving the new housing market. Forget housing starts, we track new housing building permit applications. For sizable subdivisions, this precedes starts by a year. Building permits are at the lowest point we have seen in 20 years. The recovery (buying stuff to build houses) is at least 2 years away and probably 3. Damn, why on earth did my management decide to sell Conoco a few years ago?