Ball (BLL)

Ball (BLL)

Postby winston » Wed Jul 03, 2019 8:50 pm

not vested

NEW HIGHS FROM A MULTITALENTED METALWORKER

Today's company wins big by excelling in two different but related fields...

We love to see companies with hard-to-match expertise. And if they can apply their expertise to more than one industry, so much the better!

Companies that can successfully diversify their businesses are protected if one segment faces headwinds. And when everything goes right, they reap the benefits...

Just consider Ball (BLL), a $24 billion master metalworker. This 139-year-old company started out making tin cans. Today, aluminum beer and soda cans are still its big moneymakers. But it also has a flourishing aerospace division, which makes everything from sensors to entire satellites...

And it has a $2.1 billion backlog of orders under contract. All told, Ball raked in $2.8 billion in sales for the most recent quarter. And while the company reported flat earnings year-over-year, Wall Street projects double-digit growth ahead.

The market is clearly on board. BLL shares have roughly doubled over the past year... And they just hit new all-time highs. As Ball delivers on its aerospace contracts and keeps cranking out beer cans, this stock should keep climbing...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Ball (BLL)

Postby winston » Wed Oct 21, 2020 8:06 pm

not vested

CANNED GOODS AND AEROSPACE TECH ARE A BOON FOR THIS COMPANY

Ball (BLL) is the leading supplier of sustainable aluminum packaging for beverages, foods, and household products.

Companies like Coca-Cola and Molson Coors rely on Ball's cans for their products. In the second quarter, its North and Central American beverage-packaging segment saw operating earnings rise to $189 million compared with $141 million during the same period in 2019.

And while Ball is best known for its metal cans, the company also has a $2.1 billion backlog of orders under contract from its aerospace business... so it can provide mission-critical solutions to commercial and governmental customers.

BLL shares have rebounded swiftly following the initial impact of the COVID-19 pandemic. They're up 78% from their March lows. As demand remains strong for both aluminum packaging and aerospace technologies, Ball's stock should continue higher...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 118535
Joined: Wed May 07, 2008 9:28 am


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