15 Best Low Volatility Blue Chip Stocks to Buy Now

9. Amcor plc (NYSE:AMCR)

Beta Value (5Y Monthly): 0.71

On April 6, BofA lowered its price recommendation on Amcor plc (NYSE:AMCR) to $48 from $56. It reiterated a Buy rating on the shares as part of its preview of the packaging group.

A February report by CNBC described packaging as a resilient end market, noting that the industry benefits from scale, something the newly merged company now has. The report said that if Amcor can return its profit margins to where they were three years ago, it could generate more than $1.85 billion in net income from roughly $23 billion in expected revenue over the next twelve months. The report also noted that Amcor completed its all-stock combination with Berry Global last April. The deal created a broader portfolio across consumer and healthcare packaging and is expected to deliver meaningful cost and operating synergies.

Management has guided to $4.00 to $4.15 in adjusted earnings per share for FY2026, along with free cash flow of $1.8 billion to $1.9 billion. The report added that post-merger integration can be more complex than it often appears. Still, if capital spending stays in line, free cash flow could reach $2 billion by calendar year 2027.

Amcor plc (NYSE:AMCR) develops packaging solutions for consumer and healthcare products. It focuses on sustainable packaging across flexible and rigid formats and operates through its Flexibles and Rigid Packaging segments.