35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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14. International Paper Company (NYSE:IP)

Number of Hedge Fund Holders: 44 

International Paper Company (NYSE:IP) produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. This company is a promising investment opportunity for several reasons. Notably, as per the report for the third quarter of 2024, reported net earnings were $150 million or $0.42 per diluted share, and adjusted operating earnings (non-GAAP) were $153 million or $0.44 per diluted share. This demonstrates the company’s solid earnings performance, both on a reported and adjusted basis, which can be used by investors to assess ongoing profitability and operational health. Moreover, the company has announced a $260 million investment to construct a new, state-of-the-art corrugated packaging facility in Waterloo, Iowa. This project highlights the company’s commitment to growth and innovation while creating new opportunities in the Waterloo region.

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