Hidden Gem Trade: Tupperware Brands Corp (TUP)

As the markets surge back from panic depths, investors are clamoring to buy. While most stocks are surged 20-30 even 50% off their lows, the hidden gem trade may be Tupperware Brands Corp (TUP). Everyone knows of Tupperware and its uses to store leftovers and other food. Could this be a hidden gem trade with people cooking at home almost exclusively now? This company is trading near all-time lows at $1.35. It has not bounced yet.

Tupperware Brands may be a gift based on a possible surge in sales during the ‘stay at home’ orders. People are cooking at home much more than they were, there are leftovers and they need ways to store them. This may, in fact, be a near-term game changer for Tupperware Brands.

With over 20% of the float short and prices near the dead lows, Tupperware Brands is a high-risk play but could see a surge to $4.35 as the hidden gem trade. This would be a 220% move. Again, any investor or swing trader looking to take this position should understand the risk. This is a near-term trade only, and high risk. I bought some myself but only a tiny percent of my portfolio is dedicated to it.

(Click on image to enlarge)

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.