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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Comment by SilverSpewnon Jul 06, 2020 12:43pm
161 Views
Post# 31229253

RE:Double since March lows

RE:Double since March lowsDon't worry about timing the bottom, there is still plenty of room to run! As per TD Securities, "positive OSB price momentum is accelerating. Gains last week were consistent across all key regions. The North Central benchmark price improved US$12/Msf (+4% to US$310/Msf). Anecdotal reports referenced thin inventories through the supply chain exacerbated by some logistical challenges."

Investing in quality companies that are on a bull run supported by strong fundamentals will always be a successful strategy, lucky timing is just a bonus!
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