Avon Products: For Now, Stand Aside

Filed under: Avon Products (AVP)

The stock of Avon Products (AVP), first discussed here on May 6, 2009 at a price of $23.12, has meandered for the past three months at/near $29, and it might warrant a stand-aside view, for now.



Concerning Avon's fundamentals, Avon should post an impressive 2010 revenue increase of 6-9% led by emerging market sales gain, including Central/Eastern Europe and Latin America. Counter-intuitively, AVP's China market will likely underperform. Avon should also post a 3-5% revenue increase in 2011.

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Avon Products: For Now, Stand Aside originally appeared on BloggingStocks on Thu, 27 Jan 2011 17:00:00 EST. Please see our terms for use of feeds.

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