SSCC has taken quite a beating over the last year and with demands for cardboard down the company’s stock has slipped to a 52wk low.
The company is facing a due date for it’s coming $800 million revolving credit line this coming Nov. 2009 but I’m not concerned since that is still a ways off.
I believe at these levels, SSCC could see huge potential upside since it’s 52wk high was $10.90.
Profile:
Smurfit-Stone Container Corporation, through its subsidiary, Smurfit-Stone Container Enterprises, Inc., manufactures paperboard and paper-based packaging products in primarily North America.
It produces a range of corrugated containers to protect, ship, store, and display products made to its customers merchandising and distribution specifications. These corrugated containers are used to transport home appliances, electric motors, small machinery, grocery products, produce, computers, books, and furniture.

