Packaging companies could benefit from global vaccine - BofA

Jul. 21, 2020 9:23 AM ETAptarGroup, Inc. (ATR) Stock, BERY Stock, SON StockSON, ATR, BERYBy: Clark Schultz, SA News Editor
  • Bank of America has its eyes on the packaging sector ahead of the readying of the supply chain for the ultimate production of COVID-19 vaccines, as well as related developments such as preparations for a large flu vaccine season and the development of increased diagnostics and therapeutics.
  • AptarGroup (NYSE:ATR) is seen as the most directly impacted, with the company actively working on 75 vaccine projects already. Berry Global (NYSE:BERY) and Sonoco (NYSE:SON) are also seen benefited from packaging needs around vaccine production.
  • All three stock are slotted by BofA at Buy.

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