$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
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.