Sonoco Products: Temporary Setback Creates Buying Opportunity

Sonoco Products is rated a Buy, offering a 4.3% yield and trading at a 20% discount to fair value. SON's 43-year dividend growth streak and strong customer retention underpin reliable, inflation-beating income. Despite near-term margin pressure and cautious guidance, I expect 7% EPS growth and 4.5% dividend CAGR over five years.