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StockNews.com
Business
Dipanjan Banchur

RBC Capital: This Dividend Stock Has Strong Growth Potential

Pactiv Evergreen Inc. (PTVE) is a manufacturer and distributor of fresh food service and food merchandising products and fresh beverage cartons in North America. The company operates through food service, food merchandising, and beverage merchandising segments.

Many analysts believe the U.S. economy is headed toward a recession. However, RBC Capital’s U.S. Equity Strategy Head Lori Calvasina has put the odds of avoiding recession at 60%. She believes that the economy will not only dodge a recession but stage a strong recovery by the end of the year.

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