We are in the heart of winter in late January, but futures markets are looking forward to spring. Lumber is a seasonal commodity that tends to reach annual highs from March through May, and the price has...
While International Paper Company has lagged behind its peers, Wall Street remains somewhat optimistic about the stock.
Physical lumber futures prices have been trending lower since late July, with the price falling from nearly $700 to below $530 per 1,000 board feet. Critical technical support was around $560, and lumber...
Lumber is a leading industrial commodity as it is required for new homes and infrastructure building. While lumber futures are traded on the Chicago Mercantile Exchange, the contracts are often illiquid,...
Despite Weyerhaeuser’s underperformance compared to other timber stocks, analysts remain strongly optimistic about its future prospects.
Weyerhaeuser has underperformed the broader market over the past year, but Wall Street analysts are cautiously optimistic about the stock’s outlook.
Despite International Paper’s outperformance compared to the broader timber industry in 2024, Wall Street analysts remain cautiously bullish about the stock’s potential.
Weyerhaeuser has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.
Physical lumber prices have recovered after a significant Q2 decline as the market expects lower inflation to lead to falling short-term interest rates. However, the peak construction season will be in...
International Paper has outperformed the broader market over the past year, and analysts are moderately bullish about the stock’s potential.