Opening Segment #3:
'CEO Interview'
Michael Johnson,CEO
Herbalife Ltd.
Friday, November 7, 2008
 
 

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name

HLF

20.17

Herbalife Ltd. (HLF)


TUP

23.37

Tupperware Brands Corporation (TUP)


 

See comments continued below...     

 

Market Results today:

Dow + 248

Nasdaq + 38

S&P 500:  + 26

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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]

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