Avon Drops to 20-Year Low

Shares of Avon Products (AVP) dropped to a 20-year low this morning.

That’s sad to see. Avon was one of the great Nifty 50 stocks of the 60s and early 70s. But earnings have plunged and the stock has followed.

The data I used for this chart goes back to 1972, but I have a chart book showing how well the stock did during the 1960s. Avon was a fantastic performer for 10 years.

Posted by Eddy Elfenbein on June 4th, 2015 at 11:40 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.