The Company's businesses include the production of pressure-sensitive materials, office products and a variety of tickets, tags, labels and other converted products.
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301. Avery Dennison Corp (NYSE: AVY) has gotten crushed since the middle of last year. They cut guidance by about 12%. They were able to maintain their margins even with volume declines. That's pricing power. Target: $30-$35. It's funny to me that their global tax rate goes down with increased business. Doesn't that sound like the opposite of taxes here in America? I'm giving this an outperform in CAPS because it is incredibly cheap as it looks investors have given up.
http://beta.fool.com/bradford86/2012/01/16/price-market-part-47/