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.
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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Trees continue to grow adding value as we wait for the housing market to recover. When the housing market gets back to normal, Plum Creek will have a great selection of prime lumber to offer. A decent dividend will we wait.