Portfolio Manager David Peltier highlights Cott (COT) as one of his top stocks under $10 for 2015. The Canada-based, private-label beverage producer lagged the broader market in 2014, but Peltier is attracted to the company’s 3.7% dividend yield. Cott generates consistent cash flow each quarter, which makes the dividend payout secure. Cott makes primarily soda and juice drinks and recently acquired U.S.-based, privately-held DS Services, for $1.25 billion. DS delivers coffee and bottled water to homes and office buildings. In addition to the dividend, Peltier believes the stock can trade up toward the high-single digits in the new year.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
