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Top-Notch Brand-Name Stock to Buy

Tupperware Brands Corp. (NYSE: TUP) — This household name focuses on kitchen storage and serving solutions, as well as personal care products. Over 60% of sales in 2011 are expected to come from Europe and Asia.

The 2005 purchase of Sara Lee’s (NYSE: SLE) direct-sales business, which has a high growth rate, should be a long-term benefit. S&P estimates that 2011 earnings will increase to $4.50 per share versus $3.70 in 2010, and they increased their rating to a “five-star strong buy” with a 12-month target of $73. TUP’s annual dividend yield is 1.88%.

Technically, TUP had a major breakaway gap in early February, which targets the stock for the mid-$70s. Longer term TUP could go much higher.

Trade of the Day - Tupperware Brands Corp. (NYSE: TUP)

Trade of the Day Chart Key

If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net.

Article printed from InvestorPlace Media, https://investorplace.com/2011/05/trade-of-the-day-tupperware-brands-corp-nyse-tup/.

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