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Apr.09
8:28 PM ET
Thursday, 9 Apr 2009
Executive Decision: Chattem CEO Zan Guerry
Posted By:Tom Brennan
Topics:CEOs and CFOs | Stock Picks | Stock Market
Sectors:Personal and Household Goods
Companies:Chattem Inc
The market’s turn up has led to investors to dump the safety stocks they rode through this recession. Chattem is one such company.
But Chattem [CHTT
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], maker of ACT Mouth Wash, Gold Bond, Icy Hot and other products that consumers buy regardless of the economy, also missed its most recent quarter. So there’s more than one reason why this stock has fallen out of favor.
What’s going on behind the scenes? Was the earnings report a small bump in an otherwise smooth ride for Chattem? Cramer invited Chairman and CEO Zan Guerry on the show to find out. Watch the video.
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