$34.61
-0.34 (-0.97%)
Plum Creek Timber Co., Inc. (PCL)
CAPS Rating:
The Company is a real estate investment trust for federal income tax purposes.
The Company is a real estate investment trust for federal income tax purposes.
Recs
Sooner or later, people will want new homes, and builders will build new homes. When that happens, they will need lumber. Until then, it is a great time to watch your trees grow and collect a nice dividend. It is an aspect of the construction materials industry where it is relatively inexpensive to sit on the sidelines until things get better.