Louisiana-Pacific Corp (NYSE:LPX)
CAPS Rating:
A manufacturer and distributor of building products. The Company operates in three segments: Oriented Strand Board; Siding; and Engineered Wood Products.
Got Stock?
A manufacturer and distributor of building products. The Company operates in three segments: Oriented Strand Board; Siding; and Engineered Wood Products.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Looks cheap, chart is trending upwards, housing market should be bottoming out by 2Q of 07, recent uptrend reflects that view.
Also, LPX profited handsomely during the recent housing boom, and they acquired a massive amount of cash on their balance sheet. Their most recent dividend was about 2.5%, which isn't too shabby (although I don't expect it to remain that high, due to the housing slowdown, but there's the chance that it will). They currently own the majority of the OSB market (OSB is a type of board used in home construction - It's cheaper and stronger than regular plywood, and costs much less).