Our #1 buy for 2011

Article Excerpt

We’ve chosen Tupperware as our Stock of the Year for 2011. We first recommended it in the May 2007 issue of Wall Street Stock Forecaster at $26. We felt its direct sales force was an overlooked asset. This independent dealer network keeps the company’s marketing costs low, and is a great way to enter developing markets with few retail stores. Tupperware could also use its network in the future to sell other products besides food containers and cosmetics. The stock has gained 80.8% since we first made it a buy. Even so, we feel it has lots more growth ahead. As well, Tupperware trades at less than 12 times its expected 2011 earnings. That’s a low p/e ratio in light of the company’s well-known brands and continued strong growth potential in emerging markets. TUPPERWARE BRANDS CORP. $47 (New York symbol TUP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 63.2 million; Market cap: $3.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 2.6%; TSINetwork Rating:…