Energizer Holdings, Inc. (NYSE:ENR)

CAPS Rating: 4 out of 5

The Company is a manufacturer of primary batteries, flashlights and men's and women's wet-shave products.

Recs

2
Player Avatar dmpilot (68.98) Submitted: 8/28/2009 3:51:48 PM : Underperform Start Price: $64.91 ENR Score: +16.82

I don't feel good about this latest SA stock pick, because I believe what was failed to consider is that as people transition from Alkaline batteries into rechargeable lith-ion ENR will be put under considerable pressure by companies such as Sanyo that makes a superior Envelope brand battery.

Member Avatar stan8331 (97.71) Submitted: 8/31/2009 7:54:43 PM
Recs: 1

There will be an inevitable shift away from disposable batteries, but there is probably still time for ENR to get its act together. What's saving them thus far is the fact that Li-Ion batteries can't be made in standard sizes like AA, due to their tendency to explode when charged by a standard NiMH/NiCd charger. ENR is also doing a pretty decent job of diversication outside of the battery space.

I would like to hear more about ENR's plan to deal with the shift toward rechargeable batteries. There is a danger they could become the next Kodak. In my personal experience, I can say that while Energizer NiMH battereies seem to perform OK, the Energizer fast charger I bought sometime back to use with NiMH batteries is a VERY poor piece of equipment.

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