Bottled-Up Value?

Featuring Peter Boockvar

Peter Boockvar, Chief Investment Officer at Bleakley Advisory Group, discusses the opportunity he sees in beverage container maker Crown Holdings. He explains the fundamental catalysts that could rocket the stock higher in this interview with Justine Underhill. Filmed on June 28, 2018.

Published on
5 July, 2018
Topic
Commodities
Duration
10 minutes
Asset class
Equities
Rating
6

Comments

  • CM

    C M.

    10 7 2018 03:30

    0       0

    This is my type of play outside of the high debt. One red flag is executive compensation. Total Exec Comp has risen from $9 million to $32 million over last four years while stock has gone nowhere, free cash flow is flat, and EPS is flat. And while the CEO made an insider buy of stock, his compensation rose from $3 million to $12 million over last 4 years. Rather see compensation tied to performance.

  • DC

    D C.

    5 7 2018 20:25

    2       0

    In Containers & Packaging, if looking for value plays (examined through a prop factor with much better future performance correlation than low P/E), then WRK, IP, SLGN, GEF, BERY could even be better.

  • JP

    John P.

    5 7 2018 19:41

    2       0

    I'm not sure where I'm going wrong, but every listed online resource does not have this stock at a single digit P/E.

  • JF

    James F.

    5 7 2018 17:40

    0       0

    LBY even cheaper....

  • SH

    Steve H.

    5 7 2018 17:27

    1       0

    Not for me at this stage of the market cycle, but nonetheless an interesting idea well-argued, Certainly one to keep an eye on the other side of the next significant general decline.

  • KJ

    Kulbir J.

    5 7 2018 12:15

    6       1

    If the trade horizon is 1 or 2 years and we expect a major market correction to come at some point down the line, I would rather wait.