10 Best Stocks to Buy According to Billionaire Jeffrey Talpins

8. DuPont de Nemours (NYSE:DD)

Element Capital’s Stake: $7.3 million 

Chemicals giant DuPont de Nemours (NYSE:DD)’s shares are up by 53% over the past year and by 14% year-to-date. One of the more regular commentators on the firm has been RBC Capital. It discussed the firm on November 18th, according to The Fly, and remarked that DuPont de Nemours (NYSE:DD)’s electronics division spinoff could prove to be beneficial for the firm. RBC cut the share price target to $48 from $100 and kept an Outperform rating as part of its coverage. Then, on January 21st, it raised the share price target to $51 from $48 and kept the rating unchanged. More recently, Citi kept a Buy rating and raised the share price target to $170 from $68 in a major bump ahead of the firm’s second quarter earnings.

In May, DuPont de Nemours (NYSE:DD) reported its first quarter earnings to post $1.7 billion in net sales and $0.55 in adjusted earnings per share. The results saw the firm beat analyst estimates of $1.687 billion and $0.48. Investors were impressed with the results as the shares closed 8.4% higher on May 5th.