![]() Spectrum has two "hard" catalysts that I can identify that the market hasn't already fully anticipated or understood. The future looks brighter.įor investors, it's time to stop thinking about what Spectrum was and instead look ahead to what it will be. Spectrum is putting behind them a legacy of problems. ![]() I wouldn't try to form a conclusion by looking at past performance. The 5-year chart indicates that SPB hasn't done much and lags the S&P 500. SPB is down -33.95% YTD, -37% from its peak of $107.22, and -28% since the HHI sale was announced. This year SPB has sold off along with other housing-related names, on fears that interest-rate hikes will sink its business. If you are a long-term shareholder, you weren't well rewarded. Here's a snapshot of SPB's capitalization summary: Home & Personal Care (HPC) - now called "Empower Brands" SPB operates as a holding company and is basically four businesses: I just listed some of the ones I recognized. You are most likely familiar with some of their brands such as: Kwikset, Baldwin, Pfister, Weiser, Black Flag, Hot Shot, Spectracide, Remington, George Foreman (the grill), Black + Decker, PowerXL… and there are many more. The name Spectrum Brands probably doesn't mean much to you ( former Rayovac) but you probably used some of their products. They sell everything from kitchen faucets to indoor grills and curling irons. Their slogan is "We Make Living Better at Home". In other words, they sell stuff you need or use at home. Spectrum Brands Holdings is a leading global branded consumer products and home essentials company. My submission for the contest is Spectrum Brands Holdings Inc ( NYSE: SPB). It's been a while since I published an article and I figured this would be a fun way to make a comeback. I decided to throw my hat in the ring for Seeking Alpha's latest competition: Top Stock With A Catalyst.
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