1309 ET - With President Trump's tariff plans sparking fears of a recession, Jefferies analysts say in a research note that the packaging sector has been historically resilient during times of economic downturn. The analysts note that Ball and Crown, both manufactures of aluminum cans, are more shored-up than other packaging stocks, citing their defensive profile and ability to offer a variety of product packaging options to customers. "The canmakers are a logical place to hide, and we see shares outperforming," the analysts write. However, they add that manufacturers of containerboard--or the paperboard used to make cardboard boxes for shipping--such as International Paper and Packaging Corp of America are most susceptible to a slowdown, given their larger exposure to durable goods and the risk of falling prices. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 07, 2025 13:09 ET (17:09 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.