Why Newell Rubbermaid Continues To Outperform The Market
Andrew Sachais • Yesterday, 3:45 PM
- Newell's stock price continues to rise as it grows revenue and operating margin.
- The company's recent acquisition of Ignite, which markets on-the-go beverage containers, should enhance Newell's distribution network and lead to product expansion.
- Although the company's share price has risen significantly recently, its price to earnings valuation multiple remains at attractive levels, leaving the door open for potentially more gains.