Newell Brands (NWL) - My "beat down" stock buy
Newell Brands
Why:
- It is "beat down" ... 48% off of its 52 week high
- Low P/E ratio
- I expect my first dividend of $ 23. in mid-March
- I like the brands
- My investment horizon for this is at least 52 weeks.
- Basically the return beats the yield on my savings account
Starboard to Launch Proxy Fight to Oust Entire Newell Brands Board https://t.co/K3Le2S2zoE via @WSJ
— James Peet (@jrpeet) February 12, 2018
Starboard's Smith: No Newell Divestitures Until Proxy War Concludes https://t.co/igsYoo0qQG via @TheStreet
— James Peet (@jrpeet) February 12, 2018
The Starboard letter to the $NWL boardhttps://t.co/bNXfSv8tl2 pic.twitter.com/iPlqagcgXh
— James Peet (@jrpeet) February 12, 2018
This is positive:Newell is being pressured by weak sales amid activist calls for changes https://t.co/BPNkOtLjU8 via @WSJ
— James Peet (@jrpeet) February 16, 2018
Newell (NWL) Beats on Q4 Earnings & Sales, Retains FY18 View https://t.co/UaStChPba8 via @YahooFinance
— James Peet (@jrpeet) February 16, 2018
Newell strikes deal with Carl Icahn to fend off other activists https://t.co/S0cv2JnOcW via @WSJ
— James Peet (@jrpeet) March 19, 2018
