NEW YORK (TheStreet) - The search for next year's top stocks to own under $10 continues, with TheStreet's David Peltier, portfolio manager of the Stocks Under $10 portfolio, taking a look at shares of Cott Corp. (COT) .
Shares of the Canadian beverage maker have slid some 19% on the year, a common theme among these top stock picks. Peltier has also looked at Ballantyne Strong (BTN) , TherapeuticsMD (TXMD) and Pacific Sunwear (PSUN) , which have fallen 18%, 12%, and 37% on the year, respectively.
However, what makes Cott stand out is its 3.5% dividend yield, which none of Peltier's other top 10 under $10 stock picks offer.
Since the company generates "very solid" cash flow, the dividend appears to be relatively secure, Peltier said.
While Cott used to be known simply for its sodas and juices, it recently entered the coffee and water delivery business with its recent acquisition of DSS Group.
With its November acquisition, Cott expects to diversify its revenue stream and open up further revenue opportunities in the future. For these reasons, Peltier believes the stock can rise to between $8 and $9 per share in 2015.