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Neenah Paper: Luxury Card Stock Priced Like Copy Paper

Luxury is a presence, indefinable yet undeniable, that infuses a product with glamour, intrigue and desire. This subtle elegance captures the essence of the spirit and creates a sense of belonging and the promise of becoming. At Neenah Paper (NYSE:NP), this is exactly the perception that management has envisioned for the products and services the company delivers, and management's execution of this philosophy has set the company apart from its competition by developing meaningful positions in profitable niche premium markets. Our innate understanding of Neenah Paper- from its increase in product expansion, accompanied by its overall positioning in these specialty niche markets, to its attractive financials and returns - is why we conclude that the company is being...

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