Thursday, November 8, 2012

Investopedia: Louisiana-Pacific, Like Housing, Coming Back To Life

Residential housing construction is coming back to life. Although progress has been unsteady and comes off of an unsustainably weak base, demand is improving and Louisiana-Pacific (NYSE:LPX) is seeing the benefits. The stock has already roared back from its going-out-of-business-sale price, but these shares could continue to appreciate if Congress can avert the fiscal cliff and if other building material companies remain rational and prudent with their capacities and pricing.

Please continue here:
http://www.investopedia.com/stock-analysis/2012/Louisiana-Pacific-Like-Housing-Coming-Back-To-Life-LPX-WY-PCL-AWI1108.aspx

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