We’re Looking At: CCL Industries
CCL Industries is a maker of specialty packaging for global producers of consumer goods. While it has separate departments for Label, Tube and Container operations, it’s the latter that shows the most opportunity for growth. The rosy future for energy vending in the form of caffeine-stuffed consumables has major companies vying for shares of the market. As the preferred maker of energy drink containers, CCL is well-placed to capitalize on what Goldman Sachs and Mintel predict will be a $10 billion market by 2010.
With a wide array of products designed to deliver caffeine, including energy shots and energy chews, the need for progressive and inventive packaging will surely give CCL plenty of business. A P/E of 10.91 and its position near its 52-week low means that this is the perfect time to snap up this stock.
CCL Industries is based in Toronto, Canada. Check it out: CCL.A

No Comments, Comment or Ping
Reply to “We’re Looking At: CCL Industries”