RE:Panic-Proof PortfolioNot sure l can trust an analyst who describes WFG as a lumber, pulp & paper producer and fails to add panel production including being the biggest OSB producer in the world. Lots of not so bright people out there..lol. ..
retiredcf wrote: TOP PICK
West Fraser Timber(WFG-T)
02/02/2022 at 07:00pm
Stockchase Research Editor: Michael O'Reilly We again reiterate this producer of lumber, pulp and paper with 60 facilities in Canada, the US, United Kingdom and Europe as a TOP PICK. Recently reported earnings again beat analyst expectations and the latest consensus calls for EPS growth of 15% over the same quarter last year, when it reports mid-month. It trades well under its peers, who are valued at 24x earnings. It pays a small dividend, backed by a payout ratio under 10% of cashflow. We recommend trailing up the stop (from $95) to $108, looking to achieve $149 -- upside potential over 18%. Yield 0.84% (Analysts’ price target is $148.32)
WEST COAST FORESTRY
The Panic-Proof Portfolio (Stockchase Research)
$125.110
Unknown