10 Nov 08 Will the Bisphenol-A issue kill plastic food container companies such as TupperWare (TPE) ? Jim Cramer with Rick Goings of Tupperware

The other day, the CEO of Tupperware (Tupperware Brands Corporation; TUP on the NYSE), Rick Goings , was on CNBC with Jim Cramer discussing the recent drop of the share value (from $38 to $24) of his company despite good P/E ratios (around and also promising business in many global markets (including India where they’re looking at thousands of new Tupperware reps…)

Jim Cramer considers Tupperware a “recession play” in that it is solid in times of hardship….

I mentioned it to the GF, who brought up the point; it’s the plastics. No one wants plastics.

Hmf… I initially thought.
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Tags: Bisphenol-A, HDPE, Jim Cramer, plastic food containers, plastics industry, Rick Goings, TupperWare