Best deals in investing

Money magazine's Best Deals on Everything: Your guide to the latest bargains in the investing world, from beer can makers and ETFs, to Chinese technology and more.

Beer can makers
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Cans, which are easy to transport, are replacing bottles in developing countries.

While brewer stocks -- along with shares of other consumer companies -- have gotten frothy, some big beverage can makers are trading at P/E ratios 10% to 20% below their historical averages. (Investors view them as industrials even though their products are ultimately used by consumers.)

Meanwhile, since aluminum is easy to transport, cans are quickly replacing bottles as the container of choice for beverages in the developing world, says Sasha Kovriga, a portfolio manager with Osterweis.

Added tail wind for can companies: Aluminum prices are down about 30% in the past two years.

Best deals

Crown Holdings (CCK, Fortune 500) P/E: 12
Ball Corp. (BLL, Fortune 500) P/E: 13

  @Money - Last updated May 20 2013 04:20 PM ET
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