SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Lance Bredvold
To: David who wrote (60132)11/25/2017 7:28:24 PM
From: E_K_S1 Recommendation   of 78742
 
Newell Brands Inc. (NWL)

This is a good find. I followed them off & on but did not realize the big drop from 7/2017 (@ $53/share) to now 11/2017 (@ $28.37/share). I ran a quick GN valuation and that comes out to $ 40.02/share which is 29% undervalued from Friday's close.

I also like the sector (consumer products). Like these GN companies, debt (leverage) is an issue and perhaps rather than do the share buy back, they should have paid down debt.

It looks like the company has had several one time charges that have lasted several reporting periods.

I will add this one to my potential Buy list. Perhaps I will get a bargain w/ some tax loss sellers.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext