Actionable news
All posts from Actionable news
Actionable news in IP: INTERNATIONAL PAPER CO.,

Jim Cramer Sees International Paper as 'Inexpensive' With a Good Yield

TheStreet's Jim Cramer characterizes International Paper (IP - Get Report) as "an inexpensive stock" -- shares trade at just over 12 times forward P/E -- with an impressive yield of 4%. The company also has been aggressive in returning capital to shareholders via stock repurchases: By some estimates, IP has bought back $500 million of its own stock over the last 12 months and done so in a constructive manner that not all companies -- the ones that...