5 Best Packaging Stocks to Buy According to Hedge Funds

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1. WestRock Company (NYSE:WRK)

Number of Q4 2023 Hedge Fund Shareholders: 71

WestRock Company (NYSE:WRK) is one of the biggest packaging companies in the world with close to sixty thousand employees. It sells container boards, liner boards, pouches, and other packaging products. The firm’s first quarter results unveiled in February 2024 showed how packaging companies are cyclical stocks, as WestRock Company (NYSE:WRK) missed analyst revenue estimates on the back of weak consumer spending.

71 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had invested in WestRock Company (NYSE:WRK). Edgar Wachenheim’s Greenhaven Associates owned the biggest stake which was worth $556 million.

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Disclosure: None. You can also take a look at the 20 Least Affordable Metros for Homebuyers in the US and 40 Best Fashion Schools in the World for 2024.

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