#5 - Crown Holdings (NYSE:CCK)
Aluminum is suddenly a commodity that is now in short supply. This is happening at the worst possible time as beverage manufacturers are looking to capitalize on live events sparking demand. Crown Holdings (NYSE:CCK) is a leading supplier of aluminum cans.
In the last 12 months, CCK stock is up 77% and is up over 10% in 2021. Currently the consensus opinion of analysts is that Crown Holdings will see slower growth. In fact, the 12-month price target only shows about 10% of additional growth. However, technical analysis of the stock chart shows the price moving higher with increased volume which is traditionally a bullish indicator. And the company pays a dividend which allows it to score well for value-minded investors.
And with sustainability and climate change becoming hot button issues in 2021, investors should note that Crown Holdings was recently recognized as being in the Top 10 of Climate Change Performers on the 3BL Media’s 100 Best Corporate Citizens List of 2021.
About Crown
Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.
Read More - Current Price
- $92.67
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 10 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $106.62 (15.0% Upside)
