Introduction
I have been looking forward to initiating coverage on this company for many reasons. First of all, the Boise Cascade Company (NYSE:BCC) is a major producer of lumber and related products, which makes it an important company to keep an
Boise Cascade - A Closer Look At This Lumber Giant
Summary
- BCC is one of America's leading lumber and building material producers with exposure in all regions.
- Not only does the company track the price of lumber very well, but the company also has the ability to generate a lot of value for its shareholders through dividends.
- Nonetheless, given the cyclical behavior of the stock, I only recommend purchases during economic bottoms.
Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.
As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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