A study of analyst recommendations at the major brokerages shows
that Avery Dennison Corp. (Symbol: AVY) is the #88 broker analyst
pick among those stocks screened by
for strong stock buyback activity. To make that list, a stock must
have repurchased at least 5% of its outstanding shares over the
trailing twelve month period. In forming the rank, the analyst
opinions from the major brokerage houses were tallied, and
averaged; then, the list of stocks with strong buyback activity was
ranked according to those averages.
According to the ETF Finder at ETF Channel, AVY makes up 1.37% of
the Dynamic Basic Materials Sector Portfolio ETF (
) which is trading lower by about 0.1% on the day Thursday.
AVY operates in the Office Supplies sector, among companies like
Pitney Bowes Inc (
) which is off about 1.7% today, and West Corp. (
) trading lower by about 2.5%. Below is a three month price history
chart comparing the stock performance of AVY, versus PBI and WSTC.
AVY is currently trading up about 1.5% midday Thursday.
Top Analyst Picks With Strong Stock Buyback