18 Share Tips – 17th June 2024
Damien Nguyen, Morgans BUY RECOMMENDATIONS BUY – GQG Partners Inc. (GQG) An update in May showed strong net inflows and a solid market investment performance across all of its core strategies. Total funds under management (FUM) stood at $US150.1 billion on May 31, 2024, up from $US142 billion on April 30, 2024. We believe…
Amcor Limited (ASX: AMC)
Company Information About Amcor Limited (ASX: AMC) Amcor Limited is a global producer of plastic packaging. They operate in Europe, North America, Latin America, Africa, and the Asia Pacific regions supplying packaging to a range of industries including food and beverages, pharmaceuticals and personal care. The major shareholders of the company are primarily…
Should You Buy Amcor (ASX: AMC) For the Dividends?
HY 2023 financial results continued Amcor’s strong record of dividend payments. Despite a solid financial performance, a cautious forward-looking outlook drove down the share price. Investors may be ignoring the defensive nature of the company’s packaging products. Virtually everything that consumers buy comes in packaging. Amcor provides a variety of packaging solutions for home and…
Is Amcor a ‘Forever’ Stock?
Amcor’s packaging products are essential requirements for global commerce. The bustling packaging sector, and Amcor’s leading role in the sector, make the company’s stock a valid long-term hold. As long as the world makes products, the demand for packaging will remain. Warren Buffet once said that his favorite holding period for a stock was “forever.”…
Amcor expects to wrap up Bemis buy in May
Packaging company Amcor says it expects its takeover of US rival Bemis to be completed in May. Amcor, which plans a dual-listing on the New York Stock Exchange and the ASX, submitted the scheme to US authorities and the Australian Securities and Investments Commission for approval on Wednesday. If approval is granted by regulators in…
