5 Top Wood Industry Stocks to Buy on Solid Construction Activity

The Zacks Building Products – Wood industry is expected to benefit from strong demand in response to accelerated repair and remodel (R&R) activity. Furthermore, the U.S. housing market has been riding high, given the desire of a vast majority of population to own a home amid the COVID-19 situation, thereby brightening the wood industry outlook. In addition to this, higher lumber prices, and inorganic as well as prudent cost-containment moves are potent tailwinds. Louisiana-Pacific Corporation (LPX), Weyerhaeuser Company (WY), UFP Industries (UFPI), PotlatchDeltic Corporation (PCH) and Boise Cascade Company (BCC) are set to benefit from increasing demand arising from strong housing/R&R activities.
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Weyerhaeuser Company (WY): Free Stock Analysis Report
UFP Industries, Inc. (UFPI): Free Stock Analysis Report
Potlatch Corporation (PCH): Free Stock Analysis Report
LouisianaPacific Corporation (LPX): Free Stock Analysis Report
Boise Cascade, L.L.C. (BCC): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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