Analyst RecommendationTough times in the sector but WFG and IFP are his two long term picks. GLTA Lumber investors await upturn in U.S. housing
John Cooney, equity research analyst at ERA Forest Products Research, says lumber prices have been weak as buyers stay on the sidelines. However, he reckons prices should be supported by a recovery in U.S. housing activity later this year.
https://www.bnnbloomberg.ca/video/lumber-investors-await-upturn-in-u-s-housing~2653305