Newell Rubbermaid: Capitalize on the 'Dinner-In' Trend

Filed under: Newell Rubbermaid (NWL), Stocks to Buy

The shares of Newell Rubbermaid (NWL), first discussed here on April 26, 2009 at a price of $8.08, have largely meandered this summer, and that's created an opportunity for moderate-risk investors who missed the $8 entry point. Here's why:



Look for Newell's 2010 revenue to increase 2-4%, with improvements registered in all business units, led by home and family, which includes food containers.



Newell Rubbermaid, like that other high-profile food container company that Rubbermaid never wants anyone to mention, will continue to profit from the 'dinner in' trend, as 'frugal consumer' Americans shun dining out for a very long time, which means leftovers will increase. That's bullish for the company's Rubbermaid food storage containers; kitchen utensils will also see impressive gains. Meanwhile, Newell's office products and tools/hardware/commercial product units should gain steam in the second half of 2010.

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Newell Rubbermaid: Capitalize on the 'Dinner-In' Trend originally appeared on BloggingStocks on Wed, 18 Aug 2010 17:00:00 EST. Please see our terms for use of feeds.

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