Jul. 31 at 5:11 PM
$NWL Congrats to Newell Brands, who is among my Bottom-Feeding Picks (click my profile to see all of the current 4). The one thing still holding back Newell from an even greater run - the cost of raw goods, especially Oil given our current geopolitical situation. Tariffs are a minor issue in contrast to Raw Goods costs right now. Margins would be a bit better than the roughly 10.5% that I think I heard in the Earnings Call this morning, and if you scan AMZN at their Earnings, it was a blowout for Margins that changed everything. That - is exactly what Newell needs in the future, a blowout report where Margins significantly jump/widen again, more toward 20%. Once that happens, expect double digits in stock growth. Still a great range to accumulate NWL, although I was bought in lower.
