05-16-2015, 07:59 AM
I have limit order for a small position in TUP Monday.
If it wasn't for its BBB- credit rating, this would be my top stock pick at this time. It has a good valuation based on forward PE and comparison to corporate bonds. Contributing to this is a high yield and high projected earnings growth rate. Part of the appeal is a vision of retiring baby boomers having Tupperware parties.
I now weight my portfolio based on credit rating, so this stock has a 20% of full weighting.
If it wasn't for its BBB- credit rating, this would be my top stock pick at this time. It has a good valuation based on forward PE and comparison to corporate bonds. Contributing to this is a high yield and high projected earnings growth rate. Part of the appeal is a vision of retiring baby boomers having Tupperware parties.
I now weight my portfolio based on credit rating, so this stock has a 20% of full weighting.