From Yahoo Finance: 2025-04-14 17:39:00

Packaging Corporation of America (NYSE:PKG) is a top US manufacturer of containerboard and corrugated packaging products, with 51 hedge fund holders. In Q4 2024, the company reported strong earnings of $221 million and record sales of $2.1 billion. With ongoing capital projects and optimistic guidance for 2025, PKG is one of the best paper stocks to buy according to hedge funds.

Paper stocks, including Packaging Corporation of America (NYSE:PKG), have shown the potential for growth during inflationary periods and the US administration’s push for onshoring manufacturing activities. The paper sector, once underperforming, may see a resurgence due to various factors triggered by economic and political changes.

Despite challenges in the paper industry, Packaging Corporation of America (NYSE:PKG) stands out with its strong performance in Q4 2024, record-breaking sales, and ongoing capital projects. With 51 hedge funds holding the stock, PKG ranks 2nd on the list of best paper stocks to buy. Investors seeking promising AI stocks may also find opportunities for higher returns in that sector.



Read more at Yahoo Finance: Is Packaging Corporation of America (PKG) the Best Paper Stock to Buy According to Hedge Funds?