In order to address the e-commerce issues related to the packaging of liquids, TriMas Corporation (TRS - Free Report) recently rolled out a trigger sprayer — Ultimate-E. The trigger sprayer, designed by the company’s Rieke business, will help reduce time and cost while qualifying rigorous testing criteria and design features.
Leaking and loss of liquid, particularly when shipped in the small parcel environment has been a problem for packaging. TriMas’ new Ultimate-E trigger sprayer is engineered to reduce merchandise damage and prevent leaks even for liquids with minimal product viscosity. The sprayer also eliminates the need for secondary packaging. Notably, Ultimate-E is available in two versions — one for Heath, Beauty and Home Care products and another for Industrial applications. This sprayer meets the ISTA 6-Amazon test criteria, which evaluates the ability of the primary or secondary packaging to resist damage from forces and other environmental conditions.
TriMas remains committed to develop specialty dispensing and closure applications for higher-growth global markets (industrial, food and beverage and heath, beauty and home care) through its continued focus on the Rieke business. Thus, the company is poised to gain from its global marketing initiatives to better align with end-markets and customers.
Moreover, TriMas has outperformed its industry with respect to price performance in a year’s time. The stock has gained around 41%, while the industry recorded loss of 15% during the same time frame.
Zacks Rank & Stocks to Consider
TriMas carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the same sector are Actuant Corporation (ATU - Free Report) , DMC Global Inc. (BOOM - Free Report) and Chart Industries, Inc. (GTLS - Free Report) . All three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Actuant has a long-term earnings growth rate of 15.6%. Its shares have rallied 19% over the past year.
DMC Global has a long-term earnings growth rate of 20%. The company’s shares have appreciated 268% in the past year.
Chart Industries has a long-term earnings growth rate of 26.9%. The stock has surged 77% in a year’s time.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>