Amcor: High Yield Consumer Packaging Giant Looks Cheap At 11x Forward Earnings

Core Insights - Product packaging is crucial in the global economy for the distribution of food, medicines, and consumer goods [1] Group 1: Investment Focus - The current investment strategy emphasizes identifying high-quality, shareholder-oriented companies that are undervalued due to short-term factors or irrational investor behavior [1] - There is a particular interest in legacy businesses in sectors like remittances, ATMs, and tobacco, which are perceived to be in secular decline [1] - Cash-generative, high-yield stocks in these sectors often exhibit under-appreciated revenue and earnings growth, making them attractive investment opportunities [1] Group 2: Geographic Focus - While the primary focus is on U.S. stocks, there is also an interest in attractive investment opportunities within the UK and globally [1]