Market Trend Signal – Trend Following Stocks -Buckeye Technologies Inc BKI
Buckeye Technologies Inc. manufactures and distributes cellulose-based specialty products made from wood and cotton worldwide. The companys products include chemical cellulose, customized fibers, fluff pulp, and nonwoven materials. Its chemical cellulose is used in the manufacture of various products, including food casings, cigarette filters, rayon filaments, acetate fibers, and thickeners for consumer products, cosmetics, and pharmaceuticals.
The companys customized fibers are used to provide porosity, color permanence, and tear resistance in filters, letterheads, currency papers, and personal stationery, as well as absorbency and softness in cotton balls and cotton swabs. Its fluff pulp and nonwoven materials are used to increase absorbency and fluid transport in products, such as disposable diapers, feminine hygiene products, and adult incontinence products, as well as used to enhance fluid management and strength in wipes, tabletop items, food pads, household wipes, and mops. The company was founded in 1992 and is headquartered in Memphis, Tennessee. (source)
BKI Currently has a BUY Signal
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