Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, April 29, 2011

Article Excerpt

PLEASE NOTE: We’ve put six sell recommendations, and our reasons for those recommendations, in the latest issue of Wall Street Stock Forecaster. Here are the sells: Harte-Hanks Inc., New York symbol HHS Liz Claiborne Inc., New York symbol LIZ Washington Federal Inc., Nasdaq symbol WFSL Supervalu Inc., New York symbol SVU Sysco Corp., New York symbol SYY Arkansas Best Corp., Nasdaq symbol ABFS TUPPERWARE BRANDS CORP., $63.67, New York symbol TUP, continues to see strong demand for its plastic food containers and beauty products, particularly in fast-growing countries like Brazil, Indonesia and Turkey. In the three months ended April 2, 2011, Tupperware’s sales rose 14.2%, to $636.4 million from $557.1 million a year earlier. The company gets over 85% of its sales from outside the U.S. If you exclude the positive impact of currency-exchange rates, sales would have risen 10% in the latest quarter. Earnings rose 18.4%, to $0.90 a share from $0.76. The stock is up 35.5% since we made it our #1 pick for 2011. Even…