Jim Cramer: Old Media Print Publisher (RR Donnelley) Up 45 Percent 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 (Jim Cramer) that R.R. Donnelley & Sons, the largest commercial printer in America, has rallied 45 percent year-to-date.
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."
And R.R. Donnelley has an impressive client list. "The company serves 100 percent of the Fortune 100," Cramer said.
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