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Based in Memphis, International Paper Company (IP) is a leading global producer of renewable fiber-based products. With a market cap of $16.9 billion, the company specializes in manufacturing corrugated packaging and pulp used in personal care items such as diapers and tissue, supporting health and wellness.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and International Paper fits this criterion perfectly. The company stands out with its strong hold on the North American corrugated packaging market, benefiting from economies of scale, a wide customer base, and an efficient distribution network.