We maintain our long-term Neutral recommendation on the world’s largest direct seller of beauty and related products, Avon Products Inc. (NYSE:AVP).
Our recommendation on Avon is supported by the company’s ongoing restructuring initiatives and expectations of robust results from its new distribution facility in Brazil, offset by wretched fourth-quarter performance, sluggishness in the North American market, expectations of poor margins and macroeconomic issues.
Avon is in the midst of a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards