Packaging Corp (PKG) Scales 52-Week High: What's Driving the Stock?
PCA(PKG) ZACKS·2024-08-26 23:50
Shares of Packaging Corporation of America (PKG) have scaled a new 52-week high of $204.58 on Aug 23, before closing the session lower at $203.81. PKG currently has a market capitalization of $18.3 billion and flaunts a Zacks Rank #1 (Strong Buy). So far this year, Packaging Corp's shares have gained 25.1%. PKG has outperformed the industry's 14% growth and the S&P 500's 18.1% rise. Meanwhile, the Industrial Products sector has gained 7.9%. Image Source: Zacks Investment Research What's Driving the PKG Stoc ...