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I'm reiterating my Buy rating for Packaging Corp. of America (NYSE: PKG), first recommended on June 3, 2009, at a price of $16.55.
In June, 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.
Continue reading Packaging Corp. of America is rising, on schedule
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