CCL Industries (B) (CCL.B.TO)

Ever since they bought Avery Labels, they have just run gangbusters. It is out of his range in terms of valuation. Feels the current price reflects continued growth at fairly high levels, which one might question in the current economic environment we are entering into. If you own and have had quite a profit, he would consider taking some off the table.

This has been an incredible stock and is something pretty unique. The TSX had nowhere to put it, so they put it into the materials index. A Canadian-based multinational packaging company. Biggest in the world in pressure sensitive labels. Also, in the aluminum can business for cosmetics, high priced and high margins. Makes plastic tubes for cosmetics. When it bought part of Avery’s business, it got their label business, but also their school supplies and others. Recently increased its credit facility, so he expects they will be making some more transformative acquisitions. Sees further upside, but the big money has probably already been made.

A packaging and labels company. Has a price target of around $230. There is still going to be some upside. If she were going into this, she would wait for a pullback. If you are already long, continue to hold. A very well-managed company.

It is a long term hold. They did a phenomenal job of organic growth as well as turning around acquisitions into organic growth. Food and beverage packaging is a big area of growth for them. Get it on a pullback. $190s is a nice place to get it.

It has been a great company. He likes the consumer sector. In the last two or three weeks, Canadian consumer names have seen some pressure. It is not inexpensive. He would hold it if you own it. It is trading near its highs.

The chart tells you that you should be Buying this name. It has always achieved new highs every quarter. 55% of its businesses are in the US. They have 91 globally diversified production facilities with 10,000 employees. Dividend yield of 0.81%.

(A Top Pick Feb 19/15. Up 41.95%.) Labels is a pretty boring business, but that is probably why it has been up over the past year. Canadian investors have been looking for non-resource stocks to own. It is a little bit rich at the moment getting up over 21X earnings. This is still a Hold. They have the possibility of another acquisition coming up, because about 6 months ago there was a merger of 2 of their bigger competitors. That is still going through FCP rulings, so there may be opportunities where they are forced to divest of a plant in a geographical location.

Various kinds of packaging including bottles and plastic, so it covers a wide range. Has watched this for some time. Initially things that have bothered him was that it was very much controlled by the family. They have done an excellent job on that part. The price earnings multiple is fairly high, so you are really paying for future growth. He would rather buy on some kind of a pullback, but this very rarely happens.

Has done a fantastic job of growth by acquisition. But have also been growing organically. Valuation is not cheap, but they have a great track record of growing the company. Over a 3 year time frame, they will continue to grow and the valuation won’t be that expensive.

It has pulled back. He really likes it. It has been a tremendously managed company. Even at today’s prices you are paying for that to some extent. You are counting on significant growth going forward. He would prefer to see this stock 10-20% lower before buying it. He might consider partial profit taking if he owned it.

Makes containers, for consumer products largely. The stock has had a huge, huge run. He really, really likes this company. They have international exposure, exposure to the US$, consumer exposure which is less cyclical than some of the other businesses, very well-run, and management owns a lot of stock. Starting to become a global conglomerate. Had a bad week last week and this is a great buying opportunity.

It is a low yield, although they do increase it. A good, well managed company in a good industry.

She likes it. She is waiting for a pull back to initiate a position. It is benefiting from a weak Canadian dollar because they are so global. They have done some acquisitions and it appears to be a well managed company. It never pulled back on the recent correction. There is not a lot of volume on the name.

If you have done your research and you think it is a good quality company and that the runway of growth is going to continue, then you want to buy the stock. Pick a valuation where you are comfortable owning it.

(All 3 picks are focused on benefiting from the US$.) This is a Canadian company that is in labels, and are the best in North America at this. They have both intelligent acquisitions and organic growth. Dividend yield of 0.85%.