Investors should consider Crown Holdings (CCK) as the stock could pop 30%, Barron’s Todd Chanko writes in the publication’s Stock Picks column. Shares offers a refreshing alternative to artificial intelligence, rare earth, technology, or defense/aerospace stocks, and its Its 12-month forward price earnings ratio of 12.1 is half what it was as recently as last year, while tech stocks stole the show, the former Deutsche Bank analyst tells readers. The company continues to repurchase its own stock, having bought $314M through Q3, and the management has consistently guided conservatively, underestimating 63% of the past 10 years’ reported earnings, Barron’s says.
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Read More on CCK:
- Crown Holdings price target raised to $120 from $116 at RBC Capital
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