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CCL Industries

Buy CCL Industries stocks

CCL INDUSTRIES (CCLB) Stocks

ABOUT CCL INDUSTRIES

CCL Industries Inc. describes itself as the world’s largest label maker. Based in Toronto, Ontario, it consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia.

It has manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa and supplies specialty packaging products for the non-durable consumer products market, formulation and manufacturing services, labels, aluminum and plastic specialty tubes, containers, and closures.

The company was founded in 1951 as Connecticut Chemicals (Canada) Limited. In 1979 its name was changed to CCL Industries.

It originally focused on custom manufacturing for the Canadian consumer products industry but later expanded into labels and other packaging, and internationally into the United States and the United Kingdom.

OVERVIEW OF CCL INDUSTRIES

  • CCL Industries Inc. manufactures labels, containers, consumer printable media products and inventory management and loss prevention solutions.
  • It employs more than 20 000 people operating about 165 production facilities in 40 countries with corporate offices in Toronto and Framingham, Massachusetts.
  • The company is the world’s largest converter of pressure sensitive and specialty extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, healthcare and chemicals, consumer electronic device and automotive markets.

VISION & VALUES OF CCL INDUSTRIES

  • CCL Industries Inc. is committed to preserving the environment, and to protecting the health and safety and promoting the wellbeing of employees around the world, because they are one of the company’s most important assets.

  • They are investing in resource saving technologies and waste reducing processes at facilities worldwide. By focusing on engineering with more efficient manufacturing, they can offer customers the best solutions to meet their sustainable packaging needs.

  • They work to decrease the impact of transportation, reduce waste, and increase the use of sustainable alternatives within their supply chain.

  • CCL Industries Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF CCL INDUSTRIES

  • CCL Industries Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol CCLB listed in the Professional Services sector. Highlights of the company’s recent performance in 2019 include third quarter sales that increased 1.5% to US Dollar 1,357.1 million, compared to US Dollar 1,337.2 in 2018.

  • Operating income was US Dollar 209.8 million compared to US Dollar 186.2 million for 2018. Operating income increased 13.7% excluding currency translation. Net earnings were US Dollar 127.7 million.

  • Due to CCL Industries Inc.’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy CCL INDUSTRIES stocks / shares – A Step by Step Guide how to Buy / Purchase CCL INDUSTRIES Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CCL INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CCL INDUSTRIES STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CCL INDUSTRIES STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CCL INDUSTRIES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CCL INDUSTRIES stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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