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Bonds Are a 'Safe' Investment: A Big Lie Gets Even BiggerThe shares of Packaging Corp of America (PKG), first discussed here on June 3, 2009 at a price of $16.55, have pulled-back in-sync with the Dow's recent drop, but I still like the shares. Here's why:
Look for Packaging Corp's revenue to increase about 8-10% in 2010. In June 2009, the calculation was made that a lack of capacity in the containerboard industry, due to recession cut-backs, would benefit Packaging Corp., and so far the calculation is on the mark. The containerboard market should rebound nicely in 2010, after a 2009 to forget.
Look for Packaging Corp's revenue to increase about 8-10% in 2010. In June 2009, the calculation was made that a lack of capacity in the containerboard industry, due to recession cut-backs, would benefit Packaging Corp., and so far the calculation is on the mark. The containerboard market should rebound nicely in 2010, after a 2009 to forget.
Packaging Corp. of America (
Just put the 
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