DowDuPont: Great Financial Results But The 'Other' Things Matter Too
- DowDuPont reported very strong Q2 2018 results that beat the top- and bottom-line estimates.
- However, the company's stock was under pressure due to management's commentary related to expectations for raw material costs to tick higher in the second half of 2018.
- I plan to stay long the stock, how about you?
DowDuPont ($DWDP) reported strong Q2 2018 financial results in early August, but DWDP shares finished the trading day in the red after management let the financial community know that several headwinds will likely negatively impact the company's margins in the quarters ahead.
On a YTD basis, DWDP shares have significantly underperformed the broader market but I believe that the recent pullback has created a long-term buying opportunity for investors that are interested in a company that is well-positioned for 2019 and beyond.
Read more here.