The way I approach the markets, I want to find not only the right companies, but the right companies trading at the right price. I have no qualms at all that Silgan (SLGN) fits into the first bucket. I also don't dispute the idea that the company can, over time, grow its closures business and build its presence in emerging markets. The dent in the can today is valuation - I just cannot find a reasonable basis by which Silgan shares are cheap today.
Bad Packs Can't Last Forever … Right?
Silgan gets more than 60% of its revenue from metal food cans, holding about 50% share in the North America by virtue of buying the self-operated...
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