Is International Paper Company (IP) the Best Paper Stock to Buy According to Hedge Funds?
We recently published a list of 10 Best Paper Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where International Paper Company (NYSE:IP) stands against other best paper stocks to buy according to hedge funds.
Paper stocks encompass producers of paper, pulp, packaging products, toilet paper, and forestry operators. This sector typically thrives during periods of economic expansion when consumer spending, ecommerce activity, and industrial production are accelerating, driving higher demand for commercial packaging and consumer paper products. The performance of paper stocks strongly correlates with commodity prices of pulp and timber, as well as with the price of energy and freight, which…
