Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers


Jarden's Growth Is in the Bag

Investment pro Neal Goldman, president of Goldman Capital Management, picks up growth stocks wherever he can--even in such humdrum businesses as products for home canning and food packaging. His purchase of Jarden (JAH), a Big Board-listed stock (formerly called Alltrista) has rewarded him well: The stock has bucked the market's precipitous drop--swinging up from 5 a share (post-split) on Sept. 21 to 17.90 on June 12. That's only the start, says Goldman. Based on his 2002 earnings estimate of $1.50 a share, on sales of $400 million, Goldman sees the stock boiling up to 30 in a year--with help from Jarden's purchase of packaging company Tilia. In 2003, earnings should rise to $1.85 a share on $450 million in sales, he says. Jarden made 43 cents a share in 2001 on sales of $305 million. Another appeal of Jarden: Chairman and CEO Martin Franklin is a dealmaker who has bought and sold other companies. Goldman believes Franklin, who says Jarden is a "sleeper," is building up the company to sell later. Goldman owns 5% of Jarden. By Gene G. Marcial

blog comments powered by Disqus