My Mistake With Tupperware

Last year, I was seriously considering adding Tupperware ($TUP) to my 2013 Buy List. I even posted about it in November, but sadly, I decided against adding TUP to this year’s Buy List.

Dumb move! The stock is up 36.5% YTD.


Actually, it’s even worse than that because I had been looking at TUP when it was $54 in mid-October. The stock quickly gapped up to $62, and I thought the bargain was now gone. Dumb move!

TUP closed last year at $64.10 per share. Today it broke $88! Ugh. The stock has beaten earnings in January, April and July, plus they raised their dividend by 72%. Last November, I noted that my World’s Simplest Stock measure gave TUP a price of $77.

Last month, however, TUP lowered its full-year estimate for the second time this year. The company now expects 2013 earnings to range between $5.44 and $5.54 per share. Today, my simple stock measure says that TUP is fully priced.

Posted by on August 13th, 2013 at 11:23 am

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