5 Best Chemical Stocks To Buy Now

2. DuPont de Nemours, Inc. (NYSE:DD)

Number of Hedge Fund Holders: 44      

DuPont de Nemours, Inc. (NYSE:DD) provides technology-based materials and solutions. The company is one of the most prominent chemical stocks to invest in. In late August, investment advisory Stifel predicted that the company would successfully close the $5.2 billion purchase of Rogers Corp. after authorities in China had approved the deal. US-China geopolitical disputes are weighing heavily on the deal. 

On August 8, Citi analyst P.J. Juvekar maintained a Buy rating on DuPont de Nemours,  Inc. (NASDAQ:DD) stock and raised the price target to $75 from $72, highlighting the exceptional second quarter earnings report of the firm. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm 40 North Management is a leading shareholder in DuPont de Nemours, Inc. (NYSE:DD), with 5.88 million shares worth more than $326.8 million.