Ken Fisher (Trades, Portfolio) is not only an extremely successful investment guru, he is also a bestselling author of many popular books such as "Beat The Crowd," "Superstocks," and "The Only Three Questions That Still Count." Fisher has been able to amass a fortune in the market starting with very little capital. He started Fisher Investments with $250 in 1979, and today the firm currently owns 743 stocks, with a total valuation of over $50 billion. Fisher is currently ranked as the world's 221st richest man, with an estimated net worth of $2.6 billion according to Forbes.com.
On Dec. 31, 2015, Fisher purchased over 4,000 shares of E I du Pont de Nemours & Co. (DD, Financial), a company that has been around for more than 200 years.
DuPont was founded in 1802 by the French chemist Irénée duPont. The company first started out as a gunpowder manufacturer and has since expanded into running and operating several businesses that include agriculture, electronics and communications, industrial biosciences, nutrition and health, performance chemicals, performance materials, safety and protection and pharmaceuticals. DuPont serves over 90 countries.
DuPont has a market cap of $47.8 billion, a P/E ratio of 17.24, an enterprise value of $52.68 billion, and a dividend yield of 3.14.
Below is a Peter Lynch chart for DuPont.
DuPont has an 8/10 financial rating, as well as 8/10 for profitability and growth from GuruFocus. The company has three good signs according to GuruFocus. The company’s operating margin is expanding, the Piotroski F-Score is high, and the per share revenues are showing consistent growth.
Fisher has done an outstanding job with his investments over the course of his career. I believe that his decision to purchase shares in DuPont was another solid decision.
Cheers to your investment success.
