Newell Brands up 23% on heavy volume and recommended buying

Newell Brands, a high-profile consumer products brand owner, is up just above 786fibretracement on breakout volume .

About: Newell Brands Inc. is a marketer of consumer and commercial products. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer's, Coleman, Jostens, Marmot, Mr. Coffee , Rubbermaid Commercial Products, Graco , Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert and Yankee Candle. Writing segment consists of the Writing and Creative Expression business.

Monday will likely be a slightly down day, so get in below 18.39 on limit order and solid long hold with 5.5% dividend yield, which has an 8.9% growth rate the last 5-years. Div . payout is typically the 2nd week of Nov. and likely why the jump today. Or buy-in at market and set some for low buy-in.
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