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Executive Decision: Tupperware Brands CEO Rick Goings
Cramer has always liked Tupperware Brands as a recession play. The idea is that, during a downturn, people have been laid off and are in need of work, or they're looking for second jobs. A direct-sales gig at Tupperware provides them that opportunity. Plus, the company's products, affordable kitchen, home and beauty wares, are supposed to be just as in demand, if not more so, when times are tough as when the economy's booming.
But that hasn't been the case of late. Tupperware's [TUP
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] stock is down. The market seems to have rejected this thesis. Cramer wanted to know why, so he invited Chairman and CEO Rick Goings on to the show to find out. Watch the video for Goings' take on thriving during this recession, business overseas, whether or not Tupperware's dividend is safe and more.
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