No, not the lady, the company. Helen of Troy (HELE) is the company behind such brands as Honeywell, PUR, Braun, Vicks, Revlon, Brut & Dr. Scholl's, to name a few. In May it was below $35/share, today it's playing with $58, including a 10% gain yesterday on the news that they announced a CEO succession plan. Wow.
Looking at the quarterly revenue, it tanked in May, but has been growing like crazy since them. This is one of those "power behind the throne" type companies, you don't know their name, but you know all their subsidiaries. In researching them, I came across this article where a product from Vicks is being used to map America's driest cities. Not the most exciting thing to hear, but that's music to an investor's ears.
I don't expect them to double in the next 6 months, but that would be nice. Realistically, I'm thinking this is a long term buy & hold.
As a side note, be sure to tune into tomorrow's Bunny Slippers Are Evil Jobseeker's podcast at 10:00AM. This week's discussion of money is joint effort between this blog and that one.
Looking at the quarterly revenue, it tanked in May, but has been growing like crazy since them. This is one of those "power behind the throne" type companies, you don't know their name, but you know all their subsidiaries. In researching them, I came across this article where a product from Vicks is being used to map America's driest cities. Not the most exciting thing to hear, but that's music to an investor's ears.
I don't expect them to double in the next 6 months, but that would be nice. Realistically, I'm thinking this is a long term buy & hold.
As a side note, be sure to tune into tomorrow's Bunny Slippers Are Evil Jobseeker's podcast at 10:00AM. This week's discussion of money is joint effort between this blog and that one.
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The corporation, not the lady. Helen of Troy (HELE) is the parent corporation of several well-known brands, including Honeywell, PUR, Braun, Vicks, Revlon, Brut, and Dr. Scholl's. In May, it was trading at less than $35 a share; now, it is trading at $58, with a 10% jump yesterday on rumors of a CEO succession plan. Wow.
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