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West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.


TSX:WFG - Post by User

Post by retiredcfon Feb 02, 2023 3:31pm
194 Views
Post# 35263140

Raymond James

Raymond JamesWFG is the second of his three picks. GLTA

Good things happen to cheap stocks: Analyst

Daryl Swetlishoff, senior managing director at Raymond James, joins BNN Bloomberg to discus his top three lumber stocks. While reacting to the effect of COVID-19 and the volatility in the lumber market, he said lumber companies have realized they don't have to produce at a loss, saying they feel they can close facilities and that would drive the price up.

https://www.bnnbloomberg.ca/video/good-things-happen-to-cheap-stocks-analyst~2621315

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