Avery Dennison: RFID Growth To Drive Future Growth
Avery Dennison operates what many could interpret as a boring business, but that doesn't make it a poor value. It has been a stealthy value play for years now, and many in the market appear to continue to miss the company's improving outlook and competitive advantages within the markets it operates. So what are these "boring" business lines? Broadly, the company operates within two operating segments: Pressure-Sensitive Materials (producing tags, labels, graphic films) and Retail Branding and Information Solutions (RFID trackers, price ticketing, and general brand protection and security solutions).