Mike S. Newton, CIM FCSI Coty Inc. COTY-N TOP PICK Jul 11, 2018

Nice yield, large company. Looks stable. Put a stop around $12.95. Volume’s dropping, price is somewhat stable. Resistance around $14.70, could then reverse. Hold on if you own it, but he wouldn’t put new money in until he sees positive turnaround.

Been in a downturn since May. They should be doing well, because it's a consumer defensive, which is a sector performing well in the States. But Coty has not. Look elsewhere in this sector.