In this issue of Disconnected Comparisons, we evaluate Rayonier (RYN) and Sappi (SPPJY). A USD 100 investment in RYN on 4 January 2002 would have been worth USD 415.42 on 3 April 2020; a USD 100 investment in SPPJY on 4 January 2002 would have been worth USD 11.48 on 3 April 2020; and a USD 100 investment in the PM40 on 4 January 2002 would have been worth USD 208.42 on 3 April 2020.

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Rayonier Inc. (RYN) is a NYSE traded company. Their Web site is rayonier.com.

Sappi Limited (SPPJY) is an OTC traded ADR. Their Web site is sappi.com.