VIDEO With the US economy humming along nicely there are plenty of stocks to be excited about. Earnings growth can be found across most sectors of the market. So you should have very little patience for stocks that have their earnings estimates moving in the opposite direction. Contraction is not attractive. One of those unattractive stocks is today’s Bear of the Day Tupperware ( TUP - Free Report) . Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name. It also manufactures and distributes skin and hair care products, cosmetics, bath and body care, toiletries, fragrances, jewelry, and nutritional products under the Avroy Shlain, Fuller, NaturCare, Nutrimetics, and Nuvo brands. The company sells its products directly to distributors, directors, managers, and dealers. Right now, we’ve got Tupperware as a Zacks Rank #5 (Strong Sell) in the Consumer Staples industry that ranks in the Bottom 7% of our Zacks Industry Rank. The reason for the unfavorable Zacks Rank lies in the recent earnings estimate revisions to the downside. Over the last thirty days, two analysts have dropped their estimates for the current year and next year. The bearish moves have cut the Zacks Consensus Estimates from $4.71 to $4.46 for the current year, while next year’s numbers have come down from $5.05 to $4.71. Investors looking for other names in the same industry should investigate WD-40 Company ( and WDFC - Free Report) Ollie’s Bargain Outlet Holdings ( Both are Zacks Rank #2 (Buy) stocks. OLLI - Free Report) .
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