E.I. du Pont: Strong and has Momentum (NYSE:DD)

As investors, we are always looking for great companies to invest in, and E.I. du Pont de Nemours & Company (NYSE:DD) might just fit in your investing portfolio.  It is a strong company that has great momentum.

Jim Van Meerten reports that du Pont hit new highs in of the 12 last 20 trading sessions and was 4 for 5 recently. The last 30 days has shown a 13.30% increase in price. Barchart's technical indicators have 13 out of 13 indicators signaling a buy signal for an overall 100% Barchart rating.

There is a very large Wall Street analysts following with 5 buy and 10 hold recommendations. The analysts consensus is of an increase in sales of 13.1% this year and 6.3% next year. They predict that earnings increases of 15.3% this year and 14.5% next year are possible. They estimate that the EPS growth will be 8.5% a year for at least the next 5 years.

Over on Motley Fool the CAPS members think the stock will outperform the market by a vote of 1388 to 93 with the All Stars in agreement 409 to 15. The Wall Street journalist Fool follows are also favorable 17 to 1.

Recent and consistent price momentum
Large Wall Street following with predicted increases in sales and earnings
Very positive investor sentiment
The stock can be purchased around 38.50 and has a 50 day moving average at 34.

Check out his full article and learn about how he looks for stock candidates: http://financialtides.blogspot.com/2010/03/e-i-du-pont-de-nemours-co-dd.html#links