Posted: Nov 05, 2009 14:48 PM by Aryeh Katz
Who would have thought an old standard like paper would have pulled in so much cash in the last year? As it turns out, two of the top-20 performing stocks on the Russell 3000 Universe of stocks were paper companies - and the rest of the sector was not far behind.
The cynical among us would have it that these companies profited from the unprecedented increase in U.S. dollars created to fend off last year's financial crisis. All kidding aside, good management and a rebound in an already depressed market sector had more to do with the outsized gains we discuss below. (See how far the country has come from 2008 in our article Financial Crisis Report Card: One Year Later.)
Here they are: five stellar paper performers since the New Year, complete with vital stats for your investment edification.
Idaho Wood Cutters - And Packagers
Boise Inc. (NYSE: BZ) leads the pack with a stellar year-to-date (YTD) rise of over 1100% and a whopping 10400% since coming off lows set in March of this year. Boise earns a living manufacturing packaging products such as newsprint, corrugated paper, market pulp, container board, labels and other direct-purchase items for home and office.
The company is enthusiastic about its new "Boise Block" flexible packaging papers, which it believes will be a hit with the food industry. The product holds out oil and grease in a number of food-packaging applications.
Clearwater Paper (NYSE: CLW) trades with a forward P/E of 11, a price-to-sales ratio of just 0.4 and has a market cap of $525 million. YTD, five separate insiders have made stock purchases totaling in excess of $360,000. Each of them earned between 100% and 625% as the stock has risen over 460% YTD and close to 700% since its March 2009 lows.
Heavy Paper Hitter
International Paper (NYSE: IP) is one of the biggest outfits in the forestry and paper sector and was, until 2004, a component of the Dow Jones Industrial Average. The company has a market cap just shy of $10 billion and is up 480% from its 52-week low.
Temple Inland (NYSE: TIN) and Graphic Packaging Holding (NYSE: GPK) are southern-based paper package manufacturers, both of whom have seen sizable returns on their stock this year. TIN is up almost 590% from its lows and still offers a not-unfriendly 2.48% dividend yield. GPK has appreciated more than 325%. It carries a price/book ratio of 1.52 and price/sales of 0.20.
The Wrap
The paper sector has literally been printing money for investors in 2009. Those seeking a piece of this investment niche should begin with a look at the above-named issues, each of which has delivered results that significantly outperformed the broader markets YTD.
http://stocks.investopedia.com/stock-analysis/2009/Five-Paper-Companies-Licensed-To-Print-Money-IP-TIN-GPK-BZ-CLW1105.aspx?partner=YahooSA
Recent CLW News
- Clearwater Paper Announces Closing of the Augusta Paperboard Manufacturing Facility Acquisition • Business Wire • 05/01/2024 08:05:00 PM
- Clearwater Paper Reports First Quarter 2024 Results • Business Wire • 04/29/2024 08:05:00 PM
- Clearwater Paper Announces Availability and Timing of First Quarter 2024 Earnings Conference Call and Webcast • Business Wire • 04/16/2024 08:05:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/07/2024 09:15:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:19:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:18:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:18:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:17:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:10:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:07:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:25:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:20:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 02:56:24 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/20/2024 09:40:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 09:33:37 PM
- Clearwater Paper Reports Fourth Quarter and Year End 2023 Results; Strategic Update • Business Wire • 02/20/2024 09:25:00 PM
- Graphic Packaging Holding Company to Sell Augusta Paperboard Manufacturing Facility to Clearwater Paper Corporation • PR Newswire (US) • 02/20/2024 09:17:00 PM
- Clearwater Paper Announces Availability and Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast and Upcoming Investor Conference Participation • Business Wire • 02/07/2024 09:05:00 PM
- Clearwater Paper Suspended Idaho Operations Due to Severe Weather Conditions • Business Wire • 01/16/2024 12:20:00 AM
- Clearwater Paper Announces Achievements in Its 2023 Sustainability Report • Business Wire • 12/04/2023 09:05:00 PM
- Clearwater Paper to Attend Citi's 2023 Basic Materials Conference • Business Wire • 11/17/2023 02:00:00 PM
- Clearwater Paper Collaborates With Charter Next Generation (CNG) to Launch Circular Polyethylene in Consumer Tissue Packaging • Business Wire • 11/16/2023 09:45:00 PM
- Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident • Business Wire • 11/09/2023 11:41:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/30/2023 08:15:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:10:27 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM