Amcor – High Conviction Buy

 Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Amcor will provide an investor update on the 8th of November.  We anticipate the commentary around cost synergies, post the Bemis acquisition and the share buyback will help renew buying interest in the stock 

You're not a member!  Trial today!

Buy Amcor for a move back towards $15.50

 

Author: Leon Hinde

Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.

PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:

· Deposit Products
· Securities
· Derivatives
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks