International Paper and Ashland Named Zacks Bull and Bear of the Day

Chicago: So, Zacks Equity Research just dropped some interesting news. They’ve named International Paper (IP) as their Bull of the Day and Ashland Inc. (ASH) as their Bear of the Day. Pretty cool, right? They also threw in some insights on Coinbase, Blackrock, and the iShares Bitcoin Trust ETF.

International Paper is doing well, holding a Zacks Rank of #1, which means it’s a strong buy. They’re all about renewable fiber-based products, like packaging and paper goods. Their earnings history looks solid, too, with three out of the last four quarters beating expectations. Just recently, they posted a gain of 44 cents when everyone was expecting just 24 cents. That’s a big win!

On the flip side, Ashland is struggling a bit. They’ve got a Zacks Rank of #5, which is a strong sell. They missed their earnings estimate last quarter, and that’s not a good sign. Their earnings estimates have been dropping, which is why they’re in the bear category. It’s a tough spot for them, especially since they’re in the specialty chemicals game, serving industries like automotive and construction.

So, there you have it! International Paper is on the rise, while Ashland is facing some challenges. It’s always interesting to see how these companies are performing in the market.