Long/short equity, value, growth at reasonable price, hedge fund analyst

Spectrum Brands: Significant FCF At A Discounted Valuation

Executive summary:

    Spectrum Brands is an unloved story by sell-side analysts, but one that has turned the corner and is starting to throw off massive amounts of free cash flow.Without any organic growth, the company will generate greater than $8 per share in FCF during fiscal 2015.SPB's recently acquired HHI segment, which accounts for 25% of revenue...
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