Tuesday, June 25, 2013

"Old Media" Print Publisher Up 45% YTD?

Due to the popularity of e-mail and tablet computers commercial printing is in secular decline. Therefore it seemed unusual to the Mad Money host that R.R. Donnelley & Sons, the largest commercial printer in America, has rallied 45% year-to-date. 
Jim Cramer enjoys few things more than more than a good mystery, so he put on his detective hat and dug through the facts. Here's what he's found. 
First and foremost, Cramer learned that print publishing is still a $110 billion industry here in the United States. "While the web is making print less necessary, Corporate America still generates a massive amount of paper, and packaging and pamphlets and labels."