Composite lumber prices are up 26% YTD, and Goldman Sachs sees continuing favorable wood...

|By:, SA News Editor

Composite lumber prices are up 26% YTD, and Goldman Sachs sees continuing favorable wood products pricing given a U.S. housing recovery and unfilled order-to-inventory ratios above the five-year average. The firm adds Weyerhauser (WY +0.2%) to its Americas Conviction List with a 12-month target price of $25.