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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Zacks Investment Research
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
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
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
