Jim Cramer - Mad Money Sealed Air Corp SEE-N DON'T BUY Dec 04, 2023

The company is involved in the packaging industry and holds such brands as Bubble Wrap and Cryovac for food safety.  We like that quarterly cash reserves have been growing, while debt was retired.  It trades at 14x earnings and supports a 75% ROE.  The modest dividend is backed by a payout ratio under 50% of cash flow.  We recommend setting a stop-loss at $26, looking to achieve $42 -- upside potential of 23%.  Yield 2.4%

Our PAST TOP PICK with SEE is progressing well.  We now recommend trailing up the stop (from $26) to $30 at this time.  

Our PAST TOP PICK with SEE is progressing well.  To remain disciplined, we recommend trailing up the stop (from $30) to $33 at this time. 

Our PAST TOP PICK with SEE has triggered its stop at $33.  To remain disciplined, we recommend covering the position at this time.