Rayonier Stock Rises 9.6% in a Month: Will the Trend Continue?

Shares of Rayonier, Inc. (RYN) have gained 9.6% in the past month against the industry’s decline of 2.5%.This Timberland real estate investment trust (REIT), carrying Zacks Rank #3 (Hold), is poised to gain by unlocking the long-term value of its higher-and-better-use (HBU) development. Recent developments in biogenetics and cloning keep the company’s momentum going. Its healthy balance sheet bodes well for long-term growth. Image Source: Zacks Investment Research Let us decipher the possible factors behind ...