Tupperware CEO Rick Goings Talks About the Company
Jim
Cramer recently interviewed Mr. Goings on CNBC's Mad Money show. He
suggested that Tupperware (TUP) is a great buy. Tupperware
shareholders enjoy a larger dividend yield because of the lower
price, constant worldwide growth, and a diversified portfolio of
direct-selling products. On Mad Money, Rick Goings said yes that
emerging markets are slowing for now, but "[We] still have a lot of
runway left to go [to capitalize] on emerging markets. We're like
in the 2nd inning of this 9 inning game."
I personally know Mr. Goings, and I know I feel confident putting
money in a company that is managed by such a great business leader.
Tupperware has made a series of successful acquisitions and a
better implementation of operations control.
This company has held up remarkably well through this downturn in
most global economies. The stock is now paying a 3.75% dividend
yield.
