The last quarter saw a 6% increase in net sales and a 24% rise in operating income, indicating a recovery after its 2022 challenges. The planned sale of the HPC division, which is a move I fully support, should further simplify operations and improve profitability. However, management hasn't committed to a timeline. Recent buybacks demonstrate confidence in the current share price. Additionally, I favor the capital allocation strategy of the company, with a significant decrease in debt since Q3 2023.
Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Spectrum Brands (SPB) and Kellanova (K). But which of these two companies is the best option for those looking for undervalued stocks?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Spectrum (SPB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
SPB benefits from the Global Productivity Improvement Plan, aligning with increased pricing, cost improvements and a favorable mix amid macroeconomic hurdles.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
SPB progresses smoothly on its Global Productivity Improvement Plan, including cost-saving efforts.
Investors interested in Consumer Products - Discretionary stocks are likely familiar with Spectrum Brands (SPB) and Kellanova (K). But which of these two companies is the best option for those looking for undervalued stocks?
SPB benefits from the Global Productivity Improvement Plan aligning with increased pricing, cost improvements and a favorable mix amid macroeconomic hurdles.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.