Amcor remains a Buy with 6.5% dividend yield despite recent underperformance and risks.

Amcor is still considered a Buy due to its attractive 6.5% dividend yield and trading at a discount compared to sector peers. The stock trades at 10 times forward P/E with expected double-digit earnings growth, supported by stable bottom-line growth and ongoing share buybacks. However, risks include high leverage, margin challenges, and potential market disinterest if revenue growth slows. Despite recent underperformance against benchmarks, the long-term value and defensive profile support patience post-acquisition.