ACCO Brands Corp (NYSE:ABD)
The Company is primarily involved in the manufacturing, marketing and distribution of office products including paper fastening, document management, computer accessories, time management, presentation and other office products.
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This stock has been a dog starting from IPO. I'm no stock genius, but any stock that loses 75% of it's value over 5 years is not a 'HOLD' as the analysts say.
Recs
ACCO Brands Corp (ABD)
The Company is primarily involved in the manufacturing, marketing and distribution of office products including paper fastening, document management, computer accessories, time management, presentation and other office products.
Currently, ABD is 44% off its 52 week high, but still approx. 400% up since March 2009 low.
My kind of value play.
Recs
Myst 3Cmb1 A xxx
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This stock is poised to bounce back hard if the market continues an uptrend.
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trend PS test
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worst 30days caps
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In a concept that's reminiscent of Jack Welch, ACCO Brands strives to be #1 or 2 in the product lines in which it competes. So far, they are succeeding in achieving this goal. I believe this is a slow and steady play, with many acknowledged initiatives from past earnings calls that are designed to yield results in the next six months. Timing is never perfect, so I'm holding on for the long haul, but who knew those really cool red Swingline staplers could be so profitable?
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