JP Morgan Publish Paper & Packaging 3Q Preview

In the report, JP Morgan writes, “...our preference is generally to wait for quarterly results to buy selective names on weakness. That said, if we had to pick names to own into the quarter, we think RKT (OW) and MWV (OW) could outperform in paper, while IP and UFS could underperform. On packaging, we don't see much to do with BLL or CCK (OW) at current levels into the quarter given our macro caution, while we are cautious on SLGN given its strong performance recently”. Companies included in the JP Morgan report are: Boise BZ, Graphic Packaging Holding Company GPK, International Paper Company IP, MeadWestvaco Corp. MWV, Packaging Corporation of America PKG, Rock-Tenn Company RKT, Temple-Inland TIN, Domtar UFS.
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Posted In: Analyst ColorAnalyst RatingsJP Morgan
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