$39.18
-0.17 (-0.43%)
Plum Creek Timber Co., Inc. (NYSE:PCL)
CAPS Rating:
The company is a real estate investment trust (REIT) company which owns and manages timberland in the United States, producing various wood-based products.
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Plum Creek is a strong diversified company. I have owned their stock since it was $15.00 a share and I have watched it grow in a good and bad economy. They own lots of timber, which grows every year. money may not grow on trees, but when trees grow their value increases. They are a large land holder. Real estate is a product that cannot be reproduced and will always increase in value. It's a win-win situation.