Comments for CCK - Stockpickr! Your Source for Stock Ideas

Comments for CCK

Added By	Comments	Type	Date Added
Bel60Air	boring, yet productive	Love	September 20, 2009
barrons3	Philadelphia-based Crown Holdings (CCK), with 20% of the U.S. beverage-can business, also had a banner third quarter, beating estimates. Like Ball, it operates globally. Crown generates 55% of its revenue in Europe, where it controls 46% of the food-can market. Crown, too, is sanguine about the near term; it expects to generate at least $800 million of operating profits this year, and close to $400 million of free cash flow. Alton Stump, an analyst at Longbow Research who calls Crown his top pick in the sector, thinks the company could earn $1.74 a share this year on revenue of $8.5 billion and $2.03 in 2009. Crown reported $1.31 last year, on $7.7 billion in sales. Stump sees the stock, which trades for 16, or nine times '08 estimates, reaching 38 in a year. To get there, Crown will have to overcome investors' concerns about its debt-heavy balance sheet -- debt accounts for more than 90% of total capital. Also, a stronger U.S. dollar lowers the value of the company's euro-based earnings. But such fears arguably are in the stock, which is down 38% in the past year. Stump notes that Crown is paying down debt; net debt totaled $3.2 billion as of Sept. 30.	Love	December 06, 2008
barrons3	A good example of the kind of stock that Osterweis favors is Crown Holdings (CCK), his fund's fourth-largest holding. He bought shares of the beverage-can maker in 2004, when they were under $9 and the company was struggling with a huge potential asbestos liability and rising commodity costs. The stock is now around 20.	Love	November 08, 2008
sarah z	From a recent Mad Money show: "Tough stock, it's had a good run, I'm going to say don't buy here."	Love	May 22, 2008
memocobo	CNBC..............22.10...........-3.28%............10/16/07	Love	October 16, 2007
tilak	Crown Holdings, Inc.	Love	October 10, 2007
tilak	Crown Holdings, Inc.	Love	October 10, 2007
ChartFlipper	50 sma above and 200s below. CCK may just bounce around there for a while but if it could decisively break the 200s it could be ugly.	Love	August 28, 2007
jerry396	growth in soft drinks	Love	August 08, 2007
BJMB11	Cheap	Love	June 27, 2007
paul simenauer	PT 26	Love	May 25, 2007
Jeffrey Mack	sick free cash that grows and stock is cheap on valuation	Love	January 19, 2007