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PKG - Buy Packaging Corp. To Profit From Online Shopping
Packaging Corporation of America
One of the consequences of the COVID-19 pandemic has been consumers shifting their buying habits from in-store to online, if only because so many stores were forced to close. As a consequence of this trend, we have seen many technology stocks, like Amazon (AMZN), surge to all-time highs as investors seek to profit from this trend. With shares down 10% year to date, Packaging Corp. of America (PKG) is an attractive option for investors seeking an ancillary way to play the growth in e-commerce.