The Weekly Buzzing Stocks by Billy Kawasaki
Tupperware Brands
TUP-N
TOP PICK
Jul 27, 2023
Tupperware home parties is a consumer goods company based out of 18 warren avenue, pawtucket, ri, united states. Social media mentions are up 267% in the past 24h.
Has really strong emerging-market exposure. Hasn’t looked at this for a couple of years, but didn’t Buy because the CEO was making about 1.5X more than what they CEOs of Canadian banks were making. Not something he would direct people towards.
This is more of a market performer. Like a lot of the consumer discretionary stocks, it is trading a little rich. You are going to get a little more volatility because of any concerns over currency headwinds. Trading at about 13X earnings.
Stockchase Research Editor: Michael O'Reilly TUP benefitted from the trend towards stay-at-home during the pandemic. Its reported earnings miss last quarter, despite revenue growth of 17% and $72 million in cost savings caused the share price to retreat. However, an increase in free cash flow (up 44% on the year) to almost $200 million, allowed the company to reduce debt thanks to a growing online presence -- making this a good entry point. We would buy this with a stop-loss at $20, looking to achieve $40 -- upside potential of 45%. Yield 0% (Analysts’ price target is $40.33)
(A Top Pick Mar 18/21, Down 26.8%)Stochchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TUP has triggered its stop at $20. We recommend covering the position at this time. We will look for better opportunities elsewhere.
Stockchase Research Editor: Michael O'Reilly TUP is a worldwide leader in kitchen storage and cookware. It enjoyed an amazing run during the pandemic as lockdowns kept consumers at home. Analysts expect the momentum to continue, making this a good value entry point. It currently trades at 9x earnings compared to peers at 28x. With EPS growth expected to exceed 15% again next year, the PEG ratio is under 1.0. We would buy this with a stop loss at $15, looking to achieve $38 -- upside potential over 55%. Yield 0% (Analysts’ price target is $38.75)
(A Top Pick Aug 31/21, Down 37.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TUP has triggered its stop at $15. To remain disciplined, we recommend covering the position at this time. We will look for better opportunties.
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Tupperware home parties is a consumer goods company based out of 18 warren avenue, pawtucket, ri, united states. Social media mentions are up 267% in the past 24h.