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Amcor – recovery continues

In our “Opportunities in Review” webinar series, Amcor was identified as a high conviction buy with an upside target of $14.50.

The stock has rallied $1.00 from the original entry level and we continue to see a re-rating occur, which will see the stock price above $14.00 in the New Year.

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Amcor goes ex-div $0.265 on the 27th of February.  Adding a March $14.25 call option generates a further $0.15 per share of income.

 

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