Chemical manufacturer DuPont (DD - Get Report) is one of the most innovative firms in the world when it comes to material sciences. The firm has its hands in everything from bulletproof vests to genetically modified agricultural products. By spreading its focus across disciplines and industries, the firm is able to avoid some of the cyclical nature of the chemical business -- exposure to commodities markets and biofuels should help to drive growth in the near-to-mid-term.
DuPont lives and dies by its ability to develop and market new chemical and fiber offerings. By that standard, the firm has been immensely successful, churning out products that end-users demand. The firm's corporate culture (and the abundance of "lifers" working there) is a big part of fostering that innovation. R&D spending will continue to be a necessary factor for this firm to succeed long-term.DuPont's 3.1% dividend payout gives it the number-eight Dog status right now. I also featured DuPont, one of the top-yielding chemicals stocks, in " 5 Breakout Stocks You Need to See." Follow @stockpickr