DuPont de Nemours, Inc. (NYSE:DD) is one of the stocks that Jim Cramer shared his take on. When a caller asked if it still makes sense to hold the stock after owning it for 20 years, given the recent Qnity Electronics’ spinoff and an upcoming reduction in the company’s dividend, Cramer said:
“You should… You are because Lori Koch is terrific. The properties are really great. Do not sell DuPont. The water business is really great. The materials are really great. You really do not want to sell it. She’s doing a fabulous job.”
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DuPont de Nemours, Inc. (NYSE:DD) provides technology-driven materials and solutions for electronics, industrial, and specialty markets. During the October 10 episode, Cramer said he is a “believer in the story.” The Mad Money host said:
“I figured it was worth owning this one because, well, given his track record, Breen would be able to find some way to extract value. And about 18 months ago, we learned how that is going to happen… Qnity Electronics, unlike some spinoffs, where a slower-growing, less exciting part of the business is being jettisoned, this is actually the more exciting part of DuPont’s business…
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