Analyst CommentIt actually sounded more like a Buy than a Hold. GLTA
https://www.bnnbloomberg.ca/video/stan-wong-discusses-west-fraser-timber~2228735
HOLD
West Fraser Timber
(WFG-T)
June 24, 2021
Lumber stocks have dropped only 10-15% in the last little bit. Longer term, should benefit from increasing US housing demand. US represents about 65% of its revenue. Concern is tariffs. Valuation is a large discount to historical averages. Hold, and watch your stop losses.
WEST COAST FORESTRY
Stan Wong
Price
$88.450
Owned
Unknown