Wednesday, February 29, 2012

Investopedia: Wait For Silgan To Get A Little Cheaper

The trouble with consistent performance is that you can't really justify paying a little extra for a stock with the idea that outperformance will redeem that premium over time. Silgan (Nasdaq:SLGN) is definitely one of the best-run packaging companies out there, but it's a stock that pretty much has to be bought right to work out. Consequently, while Silgan is a good name to follow right now, investors new to the name should hold out for a better price before taking the leap.

Business More or Less OK  
Although the fourth quarter highlighted some issues in unit volume growth and margins in the plastics business, business at Silgan is more or less going as expected.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Wait-For-Silgan-To-Get-A-Little-Cheaper-SLGN-CCK-OI-BLL-CPB-UL-PG0229.aspx

No comments: