Why Newell Brands Stock Keeps Rising

Newell Brands (NWL) stock surged 13.57% following strong second-quarter results showing 3% year-over-year sales growth—the first positive growth in over four years. The company's adjusted operating income jumped 56% and EPS climbed 75%, boosted by tariff refunds and improved operational capabilities. Management raised full-year EPS guidance, and Canaccord Genuity increased its price target from $9 to $11, suggesting potential 70%+ gains ahead.