For fiscal 2014, Sealed Air expects net sales to be relatively flat compared to net sales of $7.7 billion in 2013.
No growth. So no buy rating here. However, they have improved the bottom line margins but that is not enough to move this stock higher. Expect the stock to trade down. The move up in the stock was based on the outing of the old guy. The new guy can not squeeze much more out of cost cutting and price hikes. That is not how you grow a company. This will be dead money for quite sometime.