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Amazon Is Ditching Plastic and Moving to Paper Fillers. Here's the Hidden Small-Cap Stock That Could Soar as a Result.
PACKRanpak (PACK) The Motley Fool·2024-06-24 07:50

The world's largest e-commerce company already sources some of its paper fillers from this little-known company. In fact, there is. Ranpak Holdings (PACK -4.78%) is a company that few investors have ever heard of. But it could find itself as a sudden beneficiary of Amazon's abrupt move. According to certain investor presentations, Amazon is already a customer of Ranpak, although it's unclear how big a customer it is. Craig-Hallum analyst Greg Palm says that Amazon is Ranpak's largest direct customer, accord ...