We recommend investors look at Amcor with a view towards a buy-write strategy.
Owning the stock at $15.50 and selling slightly out-of-the-money calls into June 2018 generates 10 – 12% cash-flow, when combined with the February dividend of $0.25.
You're not a member! Trial today
FY18 underlying EPS growth should be in the 5 – 7% range, placing AMC on a 4.3% forward yield.
Amcor
