Cott is out of the soda business and into coffee, tea, and water. Now, healthy signs are bubbling up. For one thing, management has been delivering more free cash flow than promised.
The shares haven’t responded yet, but they look cheap, and there’s reason to believe they could rise 20% over the next year.
Cott responded with a string of acquisitions focused around water delivery services for homes and offices, along with office coffee and tea, coffee roasting, and tea blending.