Opinions
The Panic-Proof Portfolio (Stockchase Research)
Sealed Air Corp
SEE-N
PAST TOP PICK
Aug 13, 2024
$32.745
Stock price when the opinion was issued
packaging
containers
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TOP PICK
Stockchase Research Editor: Michael O'Reilly
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%
(Analysts’ price target is $42.09)
packaging
containers
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Our PAST TOP PICK with SEE has triggered its stop at $33. To remain disciplined, we recommend covering the position at this time.