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PKG - Revisiting The 'Hold' In Packaging Corporation of America
Packaging Corporation of America
My investments in paper & packaging have yielded impressive dividends over the past 2 years, both in terms of actual yield and capital appreciation.
The cyclicality of the sector makes for appealing buy opportunities when market sentiment turns, enabling double and triple digit RoR in short periods.
Now is not such an opportunity. PKG is expensive and constitutes a "HOLD" Here.