Avon Products led SPY by 14%
Avon Products (AVP) reported growth in sales in the EMEA (Europe, the Middle-East and Africa) region. Avon’s significant growth was in Russia. Its average orders rose by 2% for 2Q15. The stock is highly volatile. Avon closed at $4.33 and crossed its 20-day moving average. After going through many ups and down, Avon managed its trailing five-day return of 33.2%. The stock is rated as “stable” by Standard & Poor’s. It earned three “buy,” 12 “hold,” and no “sell” recommendations.
The above graph shows Avon’s performance compared to Estee Lauder (EL) in the same cosmetic segment.
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Tenet Healthcare is a biotech stock. It was downgraded by Barclays Capital on October 8. The stock underperformed the S&P 500 Index. It was granted a “negative” outlook by Moody’s.
Next, we’ll look at the United Kingdom’s stock market.