International Paper, Good Technicals, Good Fundamentals, A Gem.International Paper has a new CEO and potential take over in the works.
"Andrew Silvernail has been named the next CEO of International Paper. Silvernail has two decades of experience leading manufacturing and technology sectors of global companies and previously served as CEO of Chicago-based Madison Industries." (Recycling Today News)
DS Smith in Takeover Talks With International Paper (Wall Street Journal)
I bought a bit in around $36 and I have my first target around $53 and 2nd target $59.
Not financial advice, DYOR.
