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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Recs
While I'm not crazy about the P/E of 40, I'm even less keen on the market as a whole right now, and timber provides stable value.