Wall Street spent much of 2012 buying into the housing recovery. From wood products companies such as
Louisiana-Pacific (NYSE:
LPX) (up 135%), to home builders such as
PulteGroup (NYSE:
PHM) (up 179%), to furnishings/fixtures manufacturers such as
Masco (NYSE:
MAS) (up 52%), quite a number of stocks tied to residential housing had significant recovery rallies in 2012. So, too, did
Weyerhaeuser (NYSE:
WY), a well-run company that includes timberland, wood products and
real estate investment trusts.
While timberland is likely to remain a high-quality long-term asset,
and Weyerhaeuser is one of the better operators in the public market,
new investors should probably wait for a pullback.
Please continue here:
http://www.investopedia.com/stock-analysis/2013/The-Market-Has-Priced-In-Weyerhaeusers-Recovery-WY-PCL-RYN-LPX0130.aspx
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