Barron's Packaging Stock Picks

Description:

The group's attractions are many: The packaging and container industry boasts stable revenue growth and generates lots of cash. It has pricing power and is benefiting from the sharp drop in oil prices, which has lowered the cost of raw materials, such as plastic and resin. As a result, many packaging concerns reported solid third-quarter results, and the group on average could post double-digit earnings gains in 2009, barring a much deeper recession.

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