Sonoco Products: An Attractive Prospect In Packaging

Summary

  • Sonoco Products Company has performed well as of late, driven by strong market conditions and recent M&A activity by management.
  • The forecast for 2022 implies continued strength in this market and suggests that shares are undervalued.
  • On the whole, this makes for an interesting prospect for value investors to consider.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

Kaliningrad, Russia - January 31, 2021: Pasta on supermarket shelves.

Trots1905/iStock via Getty Images

In an era of globalization and tremendous amounts of trade, it should not be surprising to see a vibrant packaging industry develop. Packaging is used in a wide variety of goods and one of the companies dedicated

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This article was written by

34.35K Followers

Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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