by Travis Johnson, Stock Gumshoe | February 3, 2012 1:25 pm
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Results from Reckitt seem to have pleased the market — growth is going to be slower in 2012, but they’re aggressively reorganizing to put most of their capital expenditures toward the emerging markets, which I think is a good strategy for health, hygiene and household cleaning brands. Also continuing dividend growth, which is good. Announcement of the basic results here: http://www.rb.com/2011-Full-Year-Results and the strategy updated here: http://www.rb.com/RB-Strategy-for-Continued-Outperformance
I added to my ROIC holdings a few weeks ago, after I had watched it and discerned that it was probably not going to fall out of the bed, as had a number of previous purchases I had made, per Motley Fool suggestions. When I was a new subscriber I had become too enamoured with the idea of latching onto a “Spiffy Pop” investment.