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Amcor plc (AMCR): A Bull Case Theory

We came across a bullish thesis on Amcor plc on Valueinvestorsclub.com by singletrack. In this article, we will summarize the bulls’ thesis on AMCR. Amcor plc's share was trading at $9.66 as of July 11th. AMCR’s trailing and forward P/E were 17.31 and 11.75 respectively according to Yahoo Finance.

[caption id="attachment_1225489" align="aligncenter" width="768"] An old-fashioned food production line with employees packaging an assortment of products.[/caption]

The recent merger of Amcor and Berry Global creates a market leader in plastic packaging, offering an attractive...