Spectrum Brands Holdings, Inc. (NYSE:SPB)

Thursday, August 9, 2012

GeoSpecial Notes

On 03/02/2010 we added SPB to the GeoSpecial list @ $23.20

 
Catalyst: Special situation play.  Emerged from Chapter 11 , please see our full researh note here.

We are now removing SPB from the GeoSpeicial List @ $35.95


Current road block: Missed third quarter 2012 EPS estimates. Furthermore, even though the company still has a strong GeoPowerRanking (GPR) of 5, the company expects net sales to increase only at the rate of GDP which induces a high level of uncertaintity and leaves little room for error. Once the economic envioronment stabalizes we believe the stock could reach $45

  • Peak performance: Reached a high of  $37.52 on 07/30/2012 for a maiximum potential return of 62% and a return of 55% from current levels.
  • Current Price: $36.06


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