Newell Rubbermaid (NWL) Earns a Spot on the SELL WATCH List
After a very nice advance that started in the summer of 2011 the stock has appeared to reach the limits on gaining value. A BUY consideration was placed on the stock back in late 2013 when it hit our radar screen by dipping briefly into undervalued territory.
After a heavy trading period earlier this year the stock has recovered and moved above the fair value range into overvaluation. The stock may have more potential on the upside in the short term, but the probability is become less certain thereby warranting a SELL WATCH consideration.