3M (NYSE:MMM)
Founded in 1902, 3M started as a small-scale mining venture in Minnesota. Now more than 60,000 3M products are used in homes, businesses, schools, hospitals and other industries. It operates in over 70 countries and consistently makes the Fortune 500 list.
MMM has an EPS of $8.75 and a P/E ratio of 20.28. The company has a market cap of $114.72 billion and trades 2,721,132 shares daily. It pays a dividend of $5.92 and 2020 revenues were $32.18 billion.
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| Open91.590 | Close91.410 |
| Vol / Avg.2.955M / 5.130M | Mkt Cap50.533B |
| Day Range90.650 - 92.000 | 52 Wk Range85.345 - 113.140 |
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Neenah Inc is headquartered in Alpharetta, Georgia (just outside Atlanta) and is engaged in the basic material sector, creating paper and paper products.
Mercer Intl (NASDAQ:MERC)
Mercer International Inc operates in the pulp business and its operations are in Germany and Western Canada. The company is a producer of market northern bleached softwood kraft, or NBSK, pulp in the world. It is managed based on the primary products it manufactures: Pulp and Wood products. Mercer derives most of its revenue from the Pulp products.
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| Open10.030 | Close10.250 |
| Vol / Avg.168.502K / 253.521K | Mkt Cap685.210M |
| Day Range10.030 - 10.350 | 52 Wk Range7.010 - 10.418 |
International Paper (NYSE:IP)
International Paper manufactures packaging products and printing papers. It accounts for roughly one-third of the North American corrugated packaging market and about 25% of the uncoated free sheet paper market. Though it has operations in Brazil, Russia, India, and China, more than three-fourths of its sales come from North America.
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| Open33.490 | Close33.520 |
| Vol / Avg.12.003M / 5.383M | Mkt Cap11.596B |
| Day Range33.160 - 34.270 | 52 Wk Range29.005 - 41.280 |
Clearwater Paper (NYSE:CLW)
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.
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| Open40.170 | Close39.950 |
| Vol / Avg.130.122K / 195.363K | Mkt Cap663.993M |
| Day Range39.650 - 40.320 | 52 Wk Range29.220 - 44.210 |
Paper is used regularly in industries such as packaging, food and beverage, hospitality, home utilities, corporate and personal care. With major public venues like stadiums, malls, restaurants and hotels reopening, consider investing in these paper stocks for your financial growth. Check out Benzinga’s guide to help you invest in the best paper stocks from the paper industry.
Here's what you need to know.
Quick Look at the Best Paper Stocks:
- 3M
- Neenah Inc
- Mercer International Inc
- International Paper
- International Paper
Overview: Paper Stocks
The earliest forms of paper were crafted to record information. The origins of paper can be rooted back to China when mulberry bark, hemp and water were mixed to make a pulp.
The 1st paper mill was started in England in 1803. Its invention made paper a highly-traded commodity throughout Europe. It was mostly used for publishing books and newspapers.
Domtar Corporation (NYSE: UFS) was founded in 1848 in England. The company focused on pulp and paper. By 1965, it generated revenue of over $1 billion. Soon after, Clearwater Timber Company (NYSE: CLW) was established in 1900 in Lewistown, Idaho. It quickly rose to become the world’s largest white pine mill.
Tons of paper is produced for the growing needs of the packaging industry each year. Paper is a cost-effective method to transport, protect and preserve a wide array of products such as electronics, glassware and food. Since paper is biodegradable and recyclable, it has become a preferred alternative for plastics.
Best Online Brokers for Paper Stock
Online brokers let you trade penny stocks, stocks, mutual funds, exchange-traded funds (ETFs) and foreign exchange. These platforms have educational resources at your disposal to research stocks before you invest. Most online brokers have customizable filters on the stock screeners for faster trading. For example, you can set the price range to quickly find the best stocks under $20.
Benzinga has put together these online brokers to help you get started.
Features to Look for in Paper Stock
- Consistent earnings per share growth. Every quarter, most of these stocks share report earnings per share (EPS). You can calculate the EPS of a company by dividing its net income by its total outstanding shares.
- Low price-earnings ratio. You can determine if a company is undervalued or overpriced by its price-earnings (P/E) ratio. Many paper stocks under $10 have the lowest P/E ratios. It also allows you to compare the market performance of a company on a standard benchmark with other companies in the industry.
- A high volume of shares traded. You can consider the average trade volume of paper stocks to assess their liquidity. Stocks with higher liquidity can be easier for you to buy and sell.
Craft Your Financial Success with Paper Stocks
Stocks from the paper industry spread a broad spectrum of price points. You can pick and choose these stocks to fit your financial goals and portfolio needs.
Frequently Asked Questions
What are paper stocks?
Paper stocks are shares in companies that are related to the paper industry.
What should I look for in paper stocks?
You should look for companies that have a high volume of shares traded, consistent growth, and a low price earnings ratio.
What are the best paper stocks?
To find a list of the best paper stocks, check out Benzinga’s list of recommended stocks above.