Tootsie Roll Industries NYSE $TR Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.6 In other words, the correlation coefficient of the other stocks
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Sure is quiet here...
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So when will Mondelez make a bid for TR? They have been going after the iconic brands and TR is one of them with a great balance sheet and low shares.
Tootsie Roll reduced the amount of Junior Mints in the box from 4 ozs. to 3.5 ozs. and from 12 ozs. to 10.5 ozs. while charging the same price. That's a deal breaker for me. Lots of companies doing the same thing, and I no longer buy their products when the value is no longer there. They have no trouble telling you when they add product to the package, but when they take it away you'll never know unless you look at the net weight which I highly recommend you do for all products you buy. The product quality for Tootsie Roll isn't what it used to be either. I thought the company was better than that. Guess not. I see them in Dollar Stores a lot. Must really need business, but giving the customer less is not the way to do it. The company needs to rethink the way it does business.