I've written on Helen Of Troy (HELE) plenty of times over the years, and it has long been a great stock for writers and stock pickers because it's quite a bit more volatile than you might expect from a maker of deodorant, hair dryers, and vegetable peelers. At the same time, it's well worth noting that the company has a pretty good record of delivering high single-digit returns on capital and acquiring under-developed brands/businesses that thrive with a little more direct attention.
Right now, the company is having a little trouble finding attractive deal candidates, while investments in a new distribution center compresses free cash flow. I don't think these shares are much of a bargain today, but I'd certainly keep this one on the watch list.
Read the complete article here:
Helen Of Troy Not Looking Like A Cheap Date Today
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» Seeking Alpha: Helen Of Troy Not Looking Like A Cheap Date Today
Wednesday, July 10, 2013
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