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International Paper Stock: Is IP Underperforming the Consumer Discretionary Sector?

Memphis, Tennessee-based International Paper Company (IP) is a leading producer of fiber-based packaging, pulp, and paper products. Valued at a market cap of 24.5billion,thecompanyoffersindustrialpackagingsolutions,includingcontainerboard,corrugatedpackaging,andspecialtypapers, aswellaspulpforhygieneandpersonalcareitems,alongwithrecycledandspecialtyfiberproducts.Companiesworth24.5 billion, the company offers industrial packaging solutions, including containerboard, corrugated packaging, and specialty papers, as well as pulp for hygiene and personal care items, along with recycled and specialty fiber products. Companies worth 10 billion or more are typically classified as “large-cap stocks,” and IP fits the label perfect ...