Newell Brands Inc. (NASDAQ:NWL) has caught the attention of analysts, who have identified it as one of the best bear market stocks to buy. JPMorgan recently raised the price target for NWL to $7.00 from $6.00 and upgraded the stock from Neutral to Overweight. This upgrade comes as the consumer goods giant has shown signs of a strong rebound, with accelerated innovation, strengthened relationships with major retailers, and promising growth prospects.
Despite the ongoing tariff drama, Newell Brands Inc. is demonstrating improved operating income and productivity from restructuring efforts. The company’s competitive edge lies in its manufacturing footprint, which includes fifteen U.S. facilities and two Mexican plants.
JPMorgan highlighted that Newell Brands Inc. has a tariff advantage in 19 product categories compared to its peers, who predominantly source from outside the country. With a product portfolio that includes both branded and private label offerings, the company is well-positioned in the market.
Founded in 1903 and based in Georgia, Newell Brands Inc. develops, produces, and markets consumer and commercial products globally. The company operates in three main segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. With a focus on innovation and meeting consumer needs, Newell Brands is committed to enhancing every moment for its customers.
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In conclusion, Newell Brands Inc. is a company on the rise, with strong fundamentals and a strategic market position. Investors looking for potential opportunities in the bear market may find NWL to be a compelling option to consider.