Table of Contents
Summary..........................................................................................................................................5
Details ..............................................................................................................................................8
Investment Thesis on Top Pick-Rated Stock ..................................................................................20
Investment Theses on Outperform-Rated Stocks............................................................................20
Investment Theses on Sector Perform-Rated Stocks ......................................................................22
Investment Thesis on Underperform-Rated Stock ..........................................................................24
Company Profiles:
Church and Dwight (NYSE: CHD) ................................................................................................28
Alberto-Culver Company (NYSE: ACV) .......................................................................................37
Chattem, Inc. (NASDAQ: CHTT) ..................................................................................................45
Clorox (NYSE: CLX) .....................................................................................................................54
Colgate-Palmolive (NYSE: CL) .....................................................................................................62
Avon Products (NYSE: AVP).........................................................................................................72
Bare Escentuals Beauty, Inc. (NASDAQ: BARE)..........................................................................81
Elizabeth Arden, Inc. (NYSE: RDEN) ...........................................................................................89
Energizer Holdings, Inc. (NYSE: ENR) .........................................................................................97
Kimberly-Clark Corporation (NYSE: KMB)................................................................................105
Procter & Gamble (NYSE: PG) ....................................................................................................114
Estée Lauder, Inc. (NYSE: EL) ....................................................................................................124
Historical Stock Charts .................................................................................................................132
Required Disclosures ....................................................................................................................134
Additional Disclosures..................................................................................................................140