Avon Products (NYSE:AVP) chief executive Andrea Jung’s head is being called for. This quarter should cost her, her job, and Jim is recommending buying shares in anticipation of this firing. He said “if this board wakes up you should pick up 5 points.”
Tyson Foods Inc (TSN) was also taken to task. TSN is down 3% after a lack luster report. Jim feels he got “snookered.” The switch is to Smithfield Foods Inc (SFD).