Newell Rises 61.7% in a Year: Time to Buy, Sell or Hold the Stock?
Newell Brands Inc. (NWL) stock has been doing well on the bourses, recording a gain of 61.7% in a year. This gain comfortably outpaces the broader Consumer Staples sector’s rise of 1.6% and the Zacks Consumer Products - Staples industry’s growth of 3% in the same period. NWL’s shares also surpassed the S&P 500 index’s appreciation of 11.6% in a year.The company has been executing its corporate strategy, which aims at investing in innovation, brand-building and go-to-market excellence across its brands and m ...