Tuesday, December 15, 2009
Revlon: A 'Beautiful' Buy
An article found at Bloggingstocks.com stated that Revlon promises a better look for consumers and investors. According to Steven Halpern, Revlon has been able to refinance and sell debt in an economy where credit has been tight, especially for notes that Moody's rates B3, or 'junk', is a testament to the company's strength. He also states that he believes that even in an environment of high unemployment, people want to take care of themselves. He suggests taking care of your investment portfolio with health and beauty stocks like Revlon.
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