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Opening Segment #3: |
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'CEO
Interview' |
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Michael
Johnson,CEO
Herbalife
Ltd. |
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Friday,
November 7, 2008 |
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
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HLF |
20.17 |
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TUP |
23.37 |
Tupperware Brands Corporation
(TUP)
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See comments continued below...
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Friday,
November 7, 2008
(Cont'd from
above)...
Jim (cont'd):
Okay... some
stocks we like,
and some
managements we
like... but they
don't work...
or, at least,
haven't worked
lately...
Michael Johnson,
Herbalife Ltd. (HLF)
chairman and
CEO, has been on
the show a bunch
of times. Every
time this
company has
delivered the
quarter and
then, most
recently, well
let's just say
it delivered the
quarter, but the
outlook was so
disappointing...
that the stock
literally had
gotten cut in
half, to the
point where now
we find it as an
"accidentally-high"
dividend play.
That's right,
it's got a high
yield...
But, you know
what? I've got
to find out what
happened here,
because this
stock had been
money in the
bank, and so had
been the CEO,
and I need a
little
reaffirmation
that the story's
okay...
So let's bring
on Michael
Johnson,
Herbalife Ltd. (HLF)
chairman and
CEO...
The Bottom Line!:
Guys, a 4%
yield... (you
get paid to
wait) to turn it
around... I saw
this company
bounce back
before. I think
it'll bounce
back again. What
a crazy
market... Rick
Goings from
Tupperware Brands Corporation
(TUP)...
Michael Johnson
from
Herbalife Ltd. (HLF)...
Both yielding
4%?... I don't
know... it kind
of makes me
bullish...
[verbatim recap]
Read Jim's next Segment
here
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