Valued at a market cap of $46.3 billion, Corteva, Inc. (CTVA) is an agricultural chemical company that develops and supplies germplasm and traits in corn, soybean, and sunflower seed markets. The Indianapolis, Indiana-based company also supplies products to the agricultural input industry, which protect against weeds, insects, and other pests and diseases.
Shares of this agricultural inputs company have outpaced the broader market over the past 52 weeks. Corteva has rallied 18.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.9%. Moreover, on a YTD basis, the stock is up 19.3%, compared to SPX’s marginal drop.
