The Company is a supplier of retailer brand beverages. It produces brand carbonated soft drinks, sparkling flavored beverages, juice-based products, bottled water, energy drinks and iced teas.
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shorting the large spike
Cott CP. reported first quarter 09 earnings of $0.14 beating consesus estimates of $-0.7 by $0.21. Second quarter estimates are currently estimated at $0.14. And with the company regaining marketing edge through new marketing production deals... I see the company's product demands holding steady to slightly increasing quarter over quarter within the following months of 2009 into the first quarter 2010. These new demands coupled with the cost reduction synergies of the company's new plant openings indicate continued pleasant surprizes. I rate the company as a "buy" with a new target of $7.50.
waiting for under $4