Tupperware continues to race ahead

Filed under: Stocks to Buy

Tupperware's (TUP) stock performance is a case study in institutional investor (II) strategy, which is why I'm Reiterating my Buy rating for the company, first recommended on April 28, 2009 at a price of $23.48.

If you bought Tupperware in April, you're up an astounding 105%. The reason? IIs are looking past TUP's likely 2-4% revenue decline for 2009, to a probable double-digit revenue gain in 2010. In other words, the big players in the market are already well into 2010. That's the stance typical investors should take as well - always thinking about conditions 6-9 months ahead - if you'd like your stock portfolio to surge.

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Tupperware continues to race ahead originally appeared on BloggingStocks on Wed, 11 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

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