Mead Johnson Nutrition Co. (NYSE:MJN)

CAPS Rating: 4 out of 5


Player Avatar OklaBoston (69.29) Submitted: 2/11/2009 5:45:07 PM : Underperform Start Price: $26.36 MJN Score: -9.54

It might seem daring to go public during a bear market such as we're enduring now in February, 2009, but it can also indicate that the company going publi is desperate to raise cash any way it can, which is NOT a good thing. Considering that stocks with less than 30 weeks of trading history tend to be lousy investments even in bull markets I would not be surprised to see this trading under $10 a share in 6 months or so.

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