Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

MarketDNA Releases Alert on AVY

|Includes:Avery Dennison Corporation (AVY)


Market
DNA Research Alert

Buy: Equity – AVY – Avery Dennison Corp., - $39.50
Buy: Derivatives – AVYBG, AVYBH - Jan 35 & Jan 40 Calls
Equity Target: $42.50
Potential Event: Unknown inefficiency in dissemination of information.
Risks: Medium.

Investors,

We are seeing multiple indications of a potential upward movement for AVY, Avery Dennison Corporation from our proprietary investment program and believe AVY will move up to $42.50 within the next month.
Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. It has three segments: Pressure-Sensitive Materials, Retail Information Services, and Office and Consumer Products. Pressure-Sensitive Materials segment offers pressure-sensitive materials, including papers, plastic films, metal foils, and fabrics to label printers and converters; graphic products to the architectural, commercial sign, and digital printing markets; durable cast and reflective films to the construction, automotive, fleet transportation markets; scrim-reinforced vinyl material for banner sign applications; reflective films for traffic and safety applications; and acrylic polymer adhesives and protective coatings. Retail Information Services segment provides price marking and brand identification products, including woven and printed labels, graphic and barcode tags, price tickets, carton labels, RFID tags, barcode printers, molded plastic fastening and application devices, and security management products for retailers, apparel manufacturers, distributors, and industrial customers. Office and Consumer Products segment provides printable media and other products, such as copiers, ink-jet and laser printer labels and cards, related computer software, and index products; and organization, filing, and presentation products, such as binders, dividers, and sheet protectors. It also offers writing instruments, markers, adhesives, and specialty products. Avery Dennison also offers specialty tapes, engineered films, RFID inlays, and postage stamps. The company was formerly known as Avery International Corporation changed its name to Avery Dennison Corporation in 1990. Avery Dennison was founded in 1935 and is headquartered in Pasadena, California with additional offices in Brea and Westlake Village, California; Framingham, Massachusetts; Mentor, Ohio; Hong Kong and Kunshan, China; Leiden, the Netherlands; and Zug, Switzerland.


Currently trading at about $39.50, we believe, based on our proprietary program, an upward movement to $42.50+ within the next month is forthcoming. AVY trades on average 1,200,000 shares per day, and has traded up from $36.00 back in October.

 

We recommend buying the equity straight out between $38.00 and $39.50, If you like derivatives, we recommend the January 35 Calls. If you want to take additional risk/reward the January 40 Calls are also recommended.



ADDITIONAL METRICS:


RELATED COMPANIES:

Ticker

Company name

Exchange

Price

Change

Chg %

Earnings per share

P/E ratio

Mkt Cap

 

AVY

Avery Dennison Corpora...

NYSE

39.52

-0.27

-0.68%

-7.59

 

4.46B

 

ITP

Intertape Polymer Group

TSE

2.63

-0.08

-2.95%

-1.85

 

155.04M

 

TMA

Tma Group Of Companies...

ASX

0.035

0.000

0.00%

0.00

14.23

40.42M

 

1715

ACHEM Technology Corp.

TPE

12.00

0.00

0.00%

0.84

14.28

2.65B

 

BMS

Bemis Company, Inc.

NYSE

29.80

-0.18

-0.60%

1.50

19.90

3.22B

 

ABD

ACCO Brands Corporation

NYSE

8.05

-0.07

-0.86%

-6.60

 

439.29M

 

SR

The Standard Register Co.

NYSE

5.25

-0.14

-2.60%

-0.43

 

151.49M

 

VRS

Verso Paper Corp.

NYSE

3.78

+0.17

4.71%

1.18

3.21

197.98M

 

C36

CHT (Holdings) Ltd.

SIN

-

-

-

-

-

-

 

EKAD

PT Ekadharma Intl. Tbk

JAK

-

-

-

-

-

-

 

 

                   

 

                   
                               
Click to enlarge

 

FINANCIALS:

In Millions of USD (except for per share items)

13 weeks ending 2009-10-03

13 weeks ending 2009-07-04

Revenue

1,549.30

1,455.40

Other Revenue, Total

-

-

Total Revenue

1,549.30

1,455.40

Cost of Revenue, Total

1,113.30

1,065.10

Gross Profit

436.00

390.30

Selling/General/Admin. Expenses, Total

323.10

300.10

Research & Development

-

-

Depreciation/Amortization

-

-

Interest Expense(Income) - Net Operating

-

-

Unusual Expense (Income)

33.50

29.10

Other Operating Expenses, Total

2.00

0.50

Total Operating Expense

1,491.00

1,415.20

Operating Income

58.30

40.20

Interest Income(Expense), Net Non-Operating

-

-

Gain (Loss) on Sale of Assets

-

-

Other, Net

-

-

Income Before Tax

58.30

40.20

Income After Tax

62.50

39.80

Minority Interest

-

-

Equity In Affiliates

-

-

Net Income Before Extra. Items

62.50

39.80

Accounting Change

-

-

Discontinued Operations

-

-

Extraordinary Item

-

-

Net Income

62.50

39.80

Click to enlarge

 

Good Luck Investing.

 

Visit us at http://www.MarketDNA.com

 

 

MarketDNA is a unique and very accurate proprietary research channel. MarketDNA uncovers trading which is occurring based on inefficiencies in dissemination of information, typically within fourteen days prior to an event occurring on the equity. MarketDNA provides our clients with actionable opportunity based intelligence and a suite of ala carte custom research solutions, all with exceptional track records and value.

 

IMPORTANT DISCLOSURES 
The distribution of this information has been made to a select group of which every effort has been made to disseminate the information to everyone at the same time. The information contained herein, including any expression of opinion, has been obtained from, or is based upon, sources believed by us to be reliable, but is not guaranteed as to accuracy or completeness.  This is not intended to be an offer to buy or sell or a solicitation of the securities, if any, referred to herein. Our firm and/or its officers and employees from time to time have a position in one or more of the securities mentioned herein. SJL Capital LLC does not trade on recommended equities based on
MarketDNA research for 15 minutes after release of the distributed email alert.  The information and opinions in this report were prepared by MarketDNA and obtained from sources believed to be reliable. MarketDNA in no way guarantees the accuracy or completeness of such information. This report has been prepared for informational purposes only and was issued by MarketDNA for distribution to our market professional, institutional investor & individual customers. Nothing in this report constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances, nor does this constitute a personal recommendation to you. Opinions expressed are subject to change without notice and past performance is no guarantee of future result.

 

Matthew Rossi
https://app.icontact.com/icp/loadimage.php/mogile/604174/cbc586d10ede8d3d3a84bfe3a5ea34ad/image/jpeg
Managing Partner, Chief Research Officer
MarketDNA Investment Newsletter - A product of SJL Capital LLC

admin@marketdna.com

 www.marketdna.com






Disclosure: We have a position in this equity
Stocks: AVY