Investopedia: Better Volumes, But Not Better Value, At Plum Creek
There's a certain amount of "broken record" when it comes to talking about Plum Creek Timber (NYSE:PCL).
Conditions in the housing market, and by extension the forestry market,
haven't changed all that much, but neither has the Street's overall
confidence that patience here will pay off. While valuation and
potential liquidity challenges don't argue for this stock as a must-own,
investors are likely to remain firm in their conviction that better
days will validate the premium on these shares.