Some reasons for buying $BALL
I am looking for Buffett-like businesses. It has a moat like features. Big capex to get into their game. Customers are heavily reliant on them / difficult to switch out.
Plays into the anti-plastic narrative.
World cup coming up - higher demand. Could hurt though if demand is less than expected.
Are focusing just on aluminium, specialising.
Doing share buy backs. They see their own stock as undervalued.
Trading below 200 MA. Good time to buy for the long term.
@DudeWhoInvests I don't see it as such a bad thing.
If you were 27 at the dot com bubble, when it popped you were 30.
Then they were at lows and only went up.
Same will happen here