Stock Spotlight: Amcor Plc (ASX:AMC)
About Amcor Plc
Amcor plc, together with its subsidiaries, engages in the production and sale of packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments, Global Flexible Packaging Solutions and Global Rigid Packaging Solutions. The Global Flexible Packaging Solutions segment develops and supplies flexible packaging products, including polymer resin, aluminum, and fiber based flexible packaging products to the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Global Rigid Packaging Solutions segment manufactures rigid packaging containers, closures, dispensing and pharma devices, and related products for the food and beverage applications. The company sells its products through its direct sales force. The company was incorporated in 1926 and is headquartered in Zurich, Switzerland.
Key Stats
Key Stats
Source: ASX, Yahoo Finance. Data as of 17/10/25.
Price Performance
Growth Potential
- Scarce clean baseload asset - CEG owns the largest nuclear fleet in the U.S., producing ~90% carbon-free electricity with nuclear being the only large-scale, reliable, zero-carbon baseload source, making company’s assets irreplaceable in a decarbonizing grid.
- Policy-backed earnings floor with the Inflation Reduction Act (IRA) providing nuclear production tax credits (PTC) (max $15/MWh through 2032), guaranteeing that even if wholesale power prices fall, nuclear remains profitable, thus reducing downside risk and turning nuclear into a stable cash flow business.
- Attractive financial profile (stable policy-supported predictable FCF) supports dividend growth (Board targeting +10% p.a.), share buybacks and deleveraging.
- Structural demand tailwinds as U.S. power demand is set to accelerate from AI/data centers, EV adoption, electrification of industry and population growth.
- Upside from Calpine acquisition with management anticipating the transaction to be adjusted operating EPS accretive by >20% in 2026 and at least $2/share through 2029, adding more than $2bn in FCF before growth annually.
- Strong support from ESG investor base, which could see CEG command a premium valuation as a pure-play clean baseload leader, distinct from diversified utilities and oil majors entering renewables.
Key Risks
- Heavy reliance on policy support as a significant share of earnings outlook depends on IRA’s nuclear production tax credits (through 2032) and if political winds shift or subsidies are rolled back, nuclear fleet economics could deteriorate.
- Operational (nuclear plants are complex, capital-intensive and exposed to outages and extended downtime or unexpected repairs can erase profitability at individual units) and safety risk (any safety or regulatory incident could damage reputation and invite stricter oversight).
- Commodity price volatility, as earnings are sensitive to power and natural gas prices (though the company remains partially hedged), impacting margins.
- Limited organic growth opportunities given scarcity of feasible locations as sizable land and power capacity remain the biggest factors in site selection.
Subscribe to our newsletter
Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.
Heightened US–China trade tensions trigger a USD 2 trillion market sell-off. Explore the market fallout and the implications for investors.
Explore ways to gaining real estate exposure via REITs, shares and ETFs without buying property.
A closer look at the AI boom: investor psychology, market behaviour, and lessons from past bubbles.
About Constellation Energy Corp Constellation Energy Corporation produces and sells energy products and services in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company offers electricity, natural gas, energy-related products, and sustainable solutions. It has approximately 31,676 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. The company serves distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Key Stats
About Cameco Corp Cameco Corporation provides uranium for the generation of electricity. It operates through three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and control equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is based in Saskatoon, Canada. Key Stats
About Innovative Industrial Properties Inc. Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Key Stats
The Federal Reserve delivers a 25-basis-point cut, aiming to balance slowing growth with stubborn inflation. What does it mean for equities across Australia and the US?
About EQT Corp EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin. It also provides marketing services and contractual pipeline capacity management services, as well as involved in risk management and hedging activities. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.s. Key Stats
About Cheniere Energy Inc Cheniere Energy, Inc., an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns and operates the Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and the Corpus Christi pipeline, a 21-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with interstate and intrastate natural gas pipelines. In addition, the company engages in the LNG and natural gas marketing business. Cheniere Energy, Inc. was incorporated in 1983 and is headquartered in Houston, Texas. Key Stats
About Rocket Companies Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Rocket Close, an appraisal management, settlement, and title service; Rocket Homes, a home search platform and real estate agent referral network that provides technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also provides Rocket Money that provides financial wellness services, including subscription cancellation, budget management, and credit score; and Lendesk, a software service that provides a point of sale system for mortgage professionals and a loan origination system for private lenders. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc. Key Stats
