Sector: Packaging & Containers; Containers-Metal/ Glass; Consumer Non-Durables
Fundamentals: Ann. 5 Yr. Hist. EPS Growth 42.25; P/S 0.53. Considering Analysts 5 year average Earnings Growth Rate of 8.33% and applying discount rate of 15% the Intrinsic Value is $32.91 which indicates that this is Undervalued. Also, CCK's 1 year cash flow and revenue growth are 21.05% and 9.42% higher than the industry average, which can indicate that the company is managing its sales and costs better than its competitors are.
Technicals: Bounced off from the MA(40) weekly. On August 20, 2008 formed a Bullish Symmetrical Continuation Triangle pattern as below.
Cost basis: Bought at $26.73
Target: $28.73
Stop loss: $26.46 [Below last three days lows]
Next Earnings: 21-Oct-08
Last Analyst Rating: Buy
Other comments: Over the next 1-2 months, the value stocks will be in favor and also mid-cap stocks will be in favor.
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