ENR - Time To Move In On Energizer Holdings
Following the sudden rally after Q4 2019 earnings, Energizer Holdings, Inc. (ENR) seems to be finding less market resistance to the $50-mark. The Q1 2020 earnings announcement earlier this month seems to have given it that momentum to shoot past $53 at the time of writing this. What’s keeping this stock at such high valuation multiples, and is there any evidence to suggest that the market will continue to support such valuations in the near-term? There’s every chance of that happening, and it wouldn’t surprise me to see ENR edging up toward the