5 Best Packaging Stocks to Buy Now

3. Westrock Co (NYSE: WRK)

Westrock ranks 3rd on the list of the 10 best packaging stocks to buy now, as 32 hedge funds tracked by Insider Monkey reported owning stakes in the company, as of the end of the third quarter. The net worth of these investments is $502.48 million. WestRock was formed in 2015 as a result of the merger between MeadWestvaco and RockTenn.

In November, the company reported its quarterly earnings, beating the Wall Street’s estimates. The company earned $0.73 per share on a revenue of $4.47 billion. Bank of America recently gave a bullish rating for WestRock shares, citing a strong ecommerce penetration in the U.S.

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