5 Best Paper Stocks to Buy Now

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1. Kimberly Clark Corp (NYSE: KMB)

Texas-based Kimberly-Clark sells paper-based consumer products, such as sanitary products, tissues,  feminine hygiene products, toilet paper, wipes and diapers. In the third quarter, Kimberly’s organic sales increased by 3%, above the Street’s estimate of 1.8%. The company upped its full-year outlook, now expecting adjusted earnings growth of 9%-11%.

As of the end of the third quarter, 41 hedge funds tracked by Insider Monkey reported owning stakes in Kimberly. The net worth of these investments is $1.51 billion. Ric Dillon’s Diamond Hill Capital owns 1.9 million shares of the company, worth over $275 million.

Kimberly-Clark stock is down 9% over the past 12 months.

Please also see 10 Best Packaging Stocks To Buy Now and 15 Beaten Down Stocks To Buy.

Disclosure: None.

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