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Today we are watching…
1.ย WW International (Weight Watchers)ย (#ww)
Weight Watchers was once a diet company and only a diet company. Today, it spans health and wellness, motivation, and even mental health. They must have hired in a consultant, then? Yes, Oprah Winfrey! The American TV personality has already amassed a billion-dollar fortune in the business world, thanks mostly to the power of investing. As a major stakeholder in WW International, she extended her seat on the board of directors yesterday until 2025. That also won her the right to buy even more shares! Weight Watchers has delivered Oprah an under-whelming 2019, trading flat for the year. However, Oprah is of course bullish on 2020! โYou get a dividend! You get a dividend! You get a dividend!โ
2. International Flavors and Fragrances (#iff)
IFF ensures best-selling scents hit all the right notes! It collects the finest natural flavors from around the world to help creative โnosesโ formulate nice smells, but the invention of cheaper, easier-to-make synthetic alternatives has threatened the company. Luckily, consumer trends show natural flavorings coming back at last. Who doesnโt prefer pure rosemary hand-picked from the South of France to the idea of lab-coated boffins with test tubes and autoclaves on some sooty industrial estate? Now, IFF is merging with DuPontโs food and nutrition unit to โblitzโ the global ingredients market! Investors will need time to process their bold deal, but bold it is!