Is Newell Brands Stock a Buy?
Newell Brands (NASDAQ: NWL), the maker of a wide range of consumer products, has been struggling to regain its footing after the 2016 acquisition of Jarden, a $15.4 billion cash-and-stock transaction. The Jarden deal added the disparate product lines of Ball, Rawlings, Mr. Coffee, Stearns, Coleman, and many others to Newell's existing offerings, straining resources. Since then, the company has taken an honest look at the situation and is implementing steps to improve operations and the financial picture.