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Bullboard - Stock Discussion Forum
Stella-Jones Inc
T.SJ
Alternate Symbol(s):
STLJF
Forest Products
Lumber & Wood Production
Stella-Jones Inc. is a Canada-based producer of pressure-treated wood products. The Company supplies various electrical utilities and telecommunication companies with wood utility poles and North America’s short line and commercial railroad operators with railway ties and timbers. The Company also provides industrial products, which include wood for railway bridges and crossings, marine and...
foundation pilings, construction timbers and coal tar-based products. Additionally, the Company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing Canadian customers through its national manufacturing and distribution network. The Company operates 45 wood treating plants and a coal tar distillery. These facilities are located across Canada and the United States and are complemented by a procurement and distribution network.
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TSX:SJ - Post Discussion
Stella-Jones Inc
> Stephen Tacaksy on BNN - Past Top Pick
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•••
Possibleidiot01
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Post by
Possibleidiot01
on Jun 06, 2022 2:56pm
Stephen Tacaksy on BNN - Past Top Pick
PAST TOP PICK
Stella-Jones Inc.
(SJ-T)
05/06/2022 at 08:00pm
(A Top Pick Jun 23/21, Down 17%)
Core position of portfolio. Is very defensive position. Most sales recurring (railway ties etc.). Residential lumber business continues to grow even after the pandemic boom (people renovating homes etc.). Returning capital to shareholders through dividend increases and share buybacks. Share prices very low and presenting good buying opportunity.
misc industrial products
$0.000
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(274)
•••
RayDonovan78
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Comment by
RayDonovan78
on Jun 07, 2022 11:30am
One of the few good money making companies.
Thank You
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