5 Best Paper Stocks to Buy Now

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In this article we discuss 5 best paper stocks to buy now. You can read our investment thesis about the paper industry and check out some great paper stocks by reading 10 Best Paper Stocks to Buy Now.
5. Sonoco Products Co (NYSE: SON)

South Carolina-based Sonoco ranks 5th on the list of 10 best papers stocks to buy now.

In August 2020, Sonoco shared rallied after the company bought France-based sustainable paper packaging company Can Packaging for €41.7 million. In the third quarter, Sonoco posted an adjusted EPS of $0.86 beating the Wall Street’s estimates by $0.04. Revenue in the quarter totaled $1.31 billion, missing the consensus estimate by $10 million.

Ian Simm’s Impax Asset Management is one of the leading shareholders of Sonoco as of the end of the third quarter, with 477,000 shares of the company, worth $24.4 million.

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