Newell Rubbermaid Capabilities Should Help 2011 -JP Morgan (NWL)

In a research report published today, J.P. Morgan states that it believes Newell Rubbermaid NWL is well-positioned to shine in the household products sector as the company continues to reposition itself. In the report, J.P. Morgan states, "We expect a positive outlook when the company reports Q4 and guidance for double-digit EPS growth for this year. While Newell is still not necessarily best in class among HPC peers, we believe the company is miles ahead of where it used to be and ahead of its competitors, and this is not reflected in the valuation, in our view." Newell Rubbermaid shares are currently trading at $17.69, up 0.28% from Wednesday's market close.