Stephen Groff
Crown Cork & Seal
CCK-N
TOP PICK
Jul 12, 2018
A can maker. They are very international and it is a very concentrated industry. They can continue to invest in places like south-east Asia and so on. The stock sold off because they made an acquisition that a lot of investors didn't like. They will spend 3 years paying down debt but the debt is very manageable. Tariffs on aluminum are a pass-through for them.
A can maker. They are very international and it is a very concentrated industry. They can continue to invest in places like south-east Asia and so on. The stock sold off because they made an acquisition that a lot of investors didn't like. They will spend 3 years paying down debt but the debt is very manageable. Tariffs on aluminum are a pass-through for them.