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Avon Stock Rises

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  • Description

    FBN’s Charles Payne shares his opinion on Avon’s future performance.

  • Duration 2:10
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-- If found an excellent in its house -- if our he's looking at a fact that -- get used to.

-- for teacher before we do that guys we did -- index last week the Russian Internet stock yet again around this that wasn't that the number depend too much money to acquire new customers so two point.

We took a loss on -- -- notes that in mind that one trying to lessen the concept is good ultimately maybe we'll do very well but.

In this kind of environment.

Depend too much yeah access to get down two points.

Avon on the other hand is a stock that's made a huge reversal.

Have a pull the trigger -- -- up but I got to tell -- that's a great story on management.

This company should have been on top of the world that managed standard junkie you know the Chinese descent -- -- gonna go in China takeover nothing but pure mismanagement.

They finally reported under the new CEO they beat the street by a large margin.

But last year was an unmitigated disaster in terms of revenue gross margins the stock goes come back pretty nicely.

-- gave some pretty good guidance obviously cautious cautious guidance that got a three year plan.

That get six million independent cells guys around the world of the country's but the sockets relatively cheap trading with a sixteen.

So I would be surprised that that the -- get through 21 that you might see more -- all somewhat in the options activity on it now very variants are saying options activity.

Again we have not pulled the trigger yet this one I think every what you probably put -- -- -- because the stock has been significantly higher in the past.

And they do have a lot of potential than a hundred countries.

They could just sort of get it together Obama clumsily said the number of wraps and went up 1% but sales actually dropped 1% to that is a bit applicants and is a huge concern and again it's -- it's amazing they cannot pull up this business model.

-- in South America in a -- Yeah international flat this is not an American with an international players ultimately -- -- you go to places like Africa and the ego to two women do not have any out -- I'm real economic opportunities within the continent is coming come their life a little bit.

It's an amazing opportunity Brazil Chile always places around the world so.

You've got wanting a spring we have a full that your again I'm kind of waiting for the volume that coming when an when the -- House paragon us -- thank you -- I it is coming --

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