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Under-the-Radar Stock Drives Beverage Industry

Based on these projections, I believe the stock is capable of reaching about $65 per share in as little as three years. At that rate of growth, by the end of 2014 you'd be looking at a bit more than a double from the current price of about $32 a share. This is assuming analysts are right about earnings growing 13.5% a year, which would put earnings at $4.32 a share at the end of 2014, and that investors continue to pay at least 15 times earnings for the stock as they have for the past couple years (15 X $4.32 = $64.80 per share).

Beyond that, it's much more difficult to say. The big question is whether Crown will turn out to be a stock for the long haul, or if competition from glass and plastic substitutes will begin to erode earnings to the point the stock loses the market-beating upside potential it has now. If you plan to buy the stock, then keep an eye on this and be ready to jettison shares if this scenario materializes.

Disclosure: T. Begany and/or StreetAuthority, LLC hold a position in PEP.

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  • This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.
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    BLL $63.41 0.00%
    CCK $47.04 0.00%
    KO $40.96 0.00%
    PEP $97.07 0.00%
    SLGN $53.60 0.00%


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